808/31 Grattan Street
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Property Insights
Multi-dimensional analysis · last updated 06/05/2026
Schools
7 nearby schools
Catchment: South Yarra Primary School
Zoning
GRZ1 — General Residential Zone - Schedule 1
Stonnington Planning Scheme
Public transport
10 stops within 1.5km
Nearest: Commercial Road/Punt Road (0.5km)
Traffic
Moderate congestion
Morning (7-9am) and evening (5-7pm) peak hours see increased congestion on Chapel Street and surrounding residential streets. Chapel Street southbound experiences heavier congestion during evening peaks. Local streets experience increased traffic from residents and retail customers.
Flood risk
Medium
Prahran is located within the Yarra River catchment and portions of the suburb fall within the Land Subject to Inundation Overlay (LSIO), reflecting historical flood risk from the Yarra River and localised stormwater inundation. Properties in the mapped overlay zones face medium flood risk and are subject to strict planning controls. While the suburb is not uniformly high-risk, flood-prone pockets (particularly near the Yarra corridor and low-lying areas) require careful site assessment and may trigger design requirements or building restrictions.
Bushfire risk
Low
BAL: BAL-LOW
Crime profile
above average
Trend: stable
Nearby development
6 projects nearby
Prahran is experiencing steady infill development driven by its proximity to the CBD, established lifestyle amenities and strong heritage character. Development pressure centres on Chapel Street and surrounds with adaptive reuse of heritage buildings, incremental residential intensification, and hospitality-led mixed-use projects. The broader South Yarra station precinct renewal agenda and improved public transport connectivity are expected to sustain moderate development activity over the medium term.
Heritage
Heritage listed
Prahran is a well-established inner-city suburb with significant Victorian and Edwardian heritage fabric, particularly along Greville Street and around the town centre. The suburb has extensive Heritage Overlay controls and a Character Residential Zone that protects its distinctive streetscapes and architectural heritage. Many properties are subject to development restrictions and facade preservation requirements.
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Property Features
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Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Listed
- 3 weeks ago
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