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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Prahran VIC 3181
New Listings (last 30 days)
18
Average price
$637,778
Lowest price
$380,000
Highest price
$1,300,000
Other properties in this postcode

Anchor Place Anchor Place, Prahran VIC 3181

From $1,120,000

Listed: 6th Aug 2026
Updated: 15 days ago
Overview

Anchor Place is a thoughtfully designed apartment collection nestled in the vibrant heart of Prahran, offering 47 sophisticated one and two-bedroom residences. The development, crafted by renowned architects Fender Katsalidis and interior designers Sora Architecture & Design, rises over nine levels and features a facade adorned with vertical batons, harmonizing with the distinctive character of the local streetscape.

The project’s design ethos embraces simplicity and functionality, focusing on maximising every square meter through flexible interior solutions that suit diverse lifestyles. With floor areas ranging from approximately 58 to 130.5 sqm, the apartments are tailored to meet the needs of contemporary urban living.

Residents benefit from warm, inviting interiors enhanced by natural materials and clean architectural lines. Attention to detail is evident in the use of stone and timber finishes in kitchens, complemented by linear shelving and seamless joinery, creating spaces that are both elegant and practical. The open-plan communal garden area provides a peaceful sanctuary, offering a counterpoint to the bustling Chapel Street just steps away.

Smart home features elevate daily convenience and security, including wireless control of power outlets, keyless entry, and integrated intercom systems accessible via smartphone or tablet. Additional amenities such as alarm systems, balconies, dual sinks, split system heating and cooling, and video intercoms further contribute to comfortable and secure living.

This development is particularly suitable for professionals and downsizers seeking well-crafted apartments with a balance of privacy, community, and access to urban amenities. Its location in Prahran ensures residents are close to shops, dining, and vibrant city culture, while the considered design enhances lifestyle flexibility and quality of living.

Local Market Insights

In Prahran, Quiet Listings observed 18 new apartments entering the market over the last 30 days, down from 29 during the previous 30-day period, with an average advertised asking price of $637,778. The property type mix of listed properties is predominantly Apartments at 50%, followed by houses (36%), and commercial properties (8%). The most active agency for apartments in the Prahran area is currently Belle Property, representing 39% of new listings, followed by Buxton Real Estate Group with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.