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Location

Market Insights for Prahran VIC 3181

New Listings (last 30 days)

Average price

$651,765

Lowest price

$380,000

Highest price

$1,300,000

312/220 Commercial Road Road, Prahran VIC 3181

Expressions Of Interest $530,000 - $560,000

Search Band

$500k - $550k High Confidence Calculated based on strong search observations.

Apartment 1 bed 1 bath

Listed: 3 days ago

Overview

This distinctive one-bedroom apartment, styled as a New York loft, impresses with its expansive sense of space and abundant natural light, created by soaring cathedral ceilings and large windows. The open-plan living and dining areas offer seamless flow to a private balcony, ideal for relaxation and indoor-outdoor living.

The modern kitchen boasts quality stainless steel appliances, blending functionality with style.
Upstairs, a flexible study nook benefits from the lower level's position, adding versatile workspace options.
The elevated main bedroom includes built-in robes and the convenience of a private ensuite, enhancing comfort and privacy.
A European laundry and a split-system heating and cooling system further cater to residents' practical needs.

Set in a secure building with convenient entry, the property includes undercover car spaces and access to resident parking within the commercial building. Its prime location offers easy access to Prahran Central and Commercial Road amenities, encompassing a range of retail, dining and lifestyle options.

This apartment suits professionals or downsizers seeking a stylish, well-located home offering comfortable living with city convenience, blending urban vibrancy with a tranquil, elevated living environment.

Local Market Insights

In Prahran, Quiet Listings observed 17 new apartments entering the market over the last 30 days, down from 34 during the previous 30-day period, with an average advertised asking price of $651,765. The property type mix of listed properties is predominantly Apartments at 53%, followed by houses (34%), and commercial properties (6%). The most active agency for apartments in the Prahran area is currently Belle Property, representing 41% of new listings, followed by Buxton Real Estate Group with 35%. 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.