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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

The Avenue Avenue, Prahran VIC 3181

Listed: 55 days ago
Updated: 8 days ago
Overview

Situated within the vibrant Prahran/Windsor precinct, this spacious two-bedroom apartment presents an elegant opportunity for city dwellers and investors alike. The residence is thoughtfully designed to maximise natural light and comfort, boasting an oversized master bedroom complemented by built-in storage solutions in both rooms.

North-facing, the open-plan living and dining area is enhanced by reverse-cycle air conditioning, ensuring a balanced indoor climate throughout the year. This seamless flow extends outdoors to a generous balcony, offering a serene vantage point to enjoy striking city views, an ideal setting for informal entertaining or relaxation.

Functionality is highlighted by the well-appointed kitchen, fitted with contemporary appliances including a dishwasher, facilitating both everyday living and hosting. The central bathroom cleverly incorporates laundry utilities, optimising space without compromising on style.

Elevated quietly above one of Prahran's beloved boulevards, the apartment provides a peaceful retreat while retaining immediate access to dynamic local lifestyle attractions such as Chapel Street, Victoria Gardens, and excellent public transport links. Additionally, the property includes a dedicated off-street parking space, a prized convenience in inner urban settings.

This home combines thoughtful design with location advantages, catering well to first-time buyers seeking a practical yet refined city base or investors targeting high-demand rental precincts. Its blend of lifestyle and convenience captures the essence of modern urban living in Melbourne’s sought-after inner suburbs.

Local Market Insights

In Prahran, Quiet Listings observed 18 new apartments entering the market over the last 30 days, down from 30 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 53%, followed by houses (35%), and commercial properties (6%). 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.

Change History
Headline When
$599,000
$609,000
$570,000 - $610,000