Prahran at a glance
13,871
People
$1,625,000
Median sale
$614/wk
Median rent
1.96%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$1,395,000
Last sold
11 May 2024
2
Bedrooms
1
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,395,000
11 May 2024 · derived via latest_sale
Prahran at a glance
13,871
People
$1,625,000
Median sale
$614/wk
Median rent
1.96%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Prahran
-14.2%
Median sale
Suburb $1,625,000
+0.33 pp
Gross yield
Suburb 1.96%
Suburb median $1,625,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $614/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Prahran at a glance
13,871
People
$1,625,000
Median sale
$614/wk
Median rent
1.96%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property ArmadaleA turn key, renovated Edwardian home quietly situated just 700 metres from both Hawksburn Village and the Chapel Street precincts, this two bedroom residence beautifully combines historic charm with modern luxury and five star walkability. Enjoy the convenience of inner city living with top notch amenities right at your doorstep.
Beyond its picturesque period façade, polished Baltic pine floorboards lead you through the spacious interior, that is filled with natural light throughout the day and anointed with ornate cornices, 3.5 metre ceilings, frosted glass feature windows and three working fireplaces with restored chimneys.
The versatile living and dining spaces can be tailored to suit your preferences, currently presented as a sophisticated North-facing dining room leading to a West-facing kitchen and living area that opens up to a serene garden retreat. The outdoor oasis boasts lush lawn, charming ornamental pears, a protective awning, and a practical 2.5m x 2.5m shed for additional storage.
The well-appointed kitchen is equipped with Fisher and Paykel appliances, a stylish Armandi Vicario swan neck tap, and a Dishlex dishwasher for both functionality and style. The sleek refurbished bathroom boasts Italian floor tiles and Kohler fixtures, while the two double bedrooms feature integrated built-in robes for added convenience.
The home provides both comfort and style in the form of Mondoluche Axolight featured lighting, Mitsubishi split system air conditioning throughout, ducted heating, attic storage and laundry storage.
Peacefully located between Hawksburn Village and Chapel Street, you'll enjoy easy access to an array of cafes, restaurants, and boutiques. Public transport options abound, with proximity to Hawksburn Station, Prahran Station, and multiple tram lines for effortless city connections. Unwind at the nearby Prahran pool during the summer months or take a leisurely stroll to the picturesque Victoria Gardens for a moment of tranquillity. The home is also conveniently located near prestigious schools like Windsor Primary School, Toorak Primary School, and Melbourne Girls Grammar School.
Listing description written by Lauchlan Waterfield, Belle Property Armadale — reproduced as published, not verified by Districts.