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Location

Market Insights for Prahran VIC 3181

New Listings (last 30 days)

147

Average price

$742,405

Lowest price

$180,000

Highest price

$2,350,000

3/8 Williams Road, Prahran VIC 3181

EOI $400,000 - $440,000

Search Band

$400k - $450k High Confidence Calculated based on strong search observations.

Unit 1 bed 1 bath 1 car

Listed: 20 days ago

Overview

Located in the vibrant heart of Prahran, this one-bedroom unit offers an exceptional opportunity for those seeking a connected urban lifestyle. Its prime positioning near major transport routes, including trams on Malvern Road and Windsor Station, amplifies accessibility to shopping, dining, and recreational precincts such as Chapel Street and Hawksburn Village.

The interior benefits from recent refreshes, featuring new paint and carpet that enhance its inviting and comfortable atmosphere. The layout is designed with practicality in mind; a spacious living area opens onto a north-facing courtyard, seamlessly extending your living space outdoors and inviting natural light to fill the home.

The bright kitchen and meals area support convenient day-to-day living, while the generously sized bedroom is complemented by built-in wardrobes, offering ample storage. The bathroom thoughtfully integrates laundry facilities, streamlining household tasks. Completing the package is a dedicated car parking space, a valued asset in this inner-city setting.

This property is well suited to professionals, singles, or investors looking for a low-maintenance residence or a solid addition to their portfolio, where proximity to the bustling city lifestyle and local amenities is essential, yet a private retreat at day's end remains a priority.

Local Market Insights

In Melbourne - Inner, Quiet Listings observed 147 new units entering the market over the last 30 days, up from 137 during the previous 30-day period, with an average advertised asking price of $742,405. The property type mix of listed properties is predominantly Houses at 40%, followed by apartments (35%), and townhouses (11%). The most active agency for units in the Melbourne - Inner area is currently Ray White, representing 20% of new listings, followed by Jellis Craig with 15%. 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.