Unit 607, 220 COMMERCIAL ROAD Prahran VIC 3181
This property is Off Market
- The Average property price in this area is $1,415,187, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 2.62 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Prahran - Windsor
With an average age of 33, households expect an average monthly mortgage payment of $2,032 or a weekly rent payment of $416. The average family earns a weekly income of $3,125 with a typical household size of 1.4 and a 94.02% employment rate.
Consistent high demand relative to supply is a key feature in Prahran driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Prahran ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Prahran classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Prahran necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Stop 35: Williams Road
Stop 35: Williams Road
Stop 34: Lewisham Road
Stop 34: Lewisham Road
Stop 33: The Avenue
Stop 33: The Avenue
Stop 32: Hornby Street
Stop 32: Bangs Street
Stop 33: Francis Street
Stop 33: Hobson Street
General Points of Interest
Green Acres Golf Club
Trinity College
Como Centre
Admiral Creswell Memorial
Melbourne Cricket Ground
McKinnon Obelisk
Olympia Gymnasium
Centenary Bridge Pillar
Royal Park Tennis Club
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 2404 asthma sufferers and 596 people living with diabetes. In addition, 596 people have a heart/vascular condition and 1287 people live with three or more chronic diseases.A good place to invest in property?
Prahran - Windsor a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
76 / 100
52 / 100
Industry
61 / 100
17 / 100
Population
34 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
74 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsMelbourne Girls College Windsor Primary School Elwood College
-
Melbourne Girls Grammar
South Yarra, VIC, 3141 Independent Prep-12 -
Kamaruka
South Yarra, VIC, 3141 Independent 3-10 -
Victorian College For The Deaf
Melbourne, VIC, 3000 State U -
Wesley College
Melbourne, VIC, 3004 Independent Prep-12 -
South Yarra Primary School
South Yarra, VIC, 3141 State Prep-6 -
Melbourne High School
South Yarra, VIC, 3141 State 9-12 -
Christ Church Grammar School
South Yarra, VIC, 3141 Independent Prep-6
Property Story
Unit 607, 220 Commercial Road, Prahran, Vic, 3181 is a residential property with 2 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $1,200,000 while properties of this type typically sell for between $425,000 and $1,700,000 in this suburb. The estimated distance to the sea is 2.62km and at least 1.44KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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