Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
This property at 30 St Edmonds Road, Prahran, represents a significant redevelopment opportunity situated in one of Melbourne's most dynamic and sought-after inner-city suburbs. Occupying a 189 sqm parcel within a vibrant Activity Centre Zone, the site is ideally positioned for buyers seeking to transform or rebuild a bespoke residence or to capitalize on exciting redevelopment potential supported by the existing Development Contributions Plan and Incorporated Plan Overlay.
Located mere moments from the bustling lifestyle precincts of Greville Street, Chapel Street, and Commercial Road, the property affords unparalleled access to an eclectic mix of cafes, boutique retailers, and cultural venues, perfect for those who value an urban lifestyle enriched with convenience and choice.
Prahran Market, a renowned culinary destination affectionately dubbed 'the foodie's market', lies just a short stroll away, alongside exceptional dining experiences such as Entrecôte restaurant, enhancing the appeal for food enthusiasts and entertainers alike.
The property features three bedrooms and a single bathroom, offering a functional base for a creative renovation or redevelopment project. While the existing residence reflects traditional dimensions, its potential for thoughtful redesign or complete rebuild is considerable, inviting those with vision and ambition to craft a home reflecting contemporary inner-city living standards.
Investors and homeowners alike will appreciate the prime location within an Activity Centre Zone, which supports future growth and development. This, combined with the excellent proximity to lifestyle amenities and transport, positions this property as a highly compelling proposition in Prahran’s thriving real estate market.
Whether for downsizers, developers, or families seeking a position close to Melbourne’s cultural and commercial hubs, this site offers an exceptional foundation to create a distinctive residence or project tailored to modern urban demands.
Local Market Insights
In Prahran, Quiet Listings observed 9 new houses entering the market over the last 30 days, down from 22 during the previous 30-day period, with an average advertised asking price of $2,305,556. The property type mix of listed properties is predominantly Apartments at 62%, followed by houses (26%), and commercial properties (6%). The most active agency for houses in the Prahran area is currently Marshall White, representing 56% of new listings, followed by Jellis Craig with 22%. 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 |
|---|---|
| $1,400,000 - $1,540,000 | |
| 1,400,000 - $1,540,000 |
Location
Market Insights for Prahran VIC 3181
Other properties in this postcode
