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808/31 Grattan Street, Prahran$628,000
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For Saleapartment

808/31 Grattan Street

Prahran, VIC 3181, Australia
$628,000
2 bed 2 bath 1 car

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Listing description

About this property

Positioned on the top floor, this beautifully presented residence delivers a refined balance of style, functionality and low-maintenance living, tucked away in a quiet corner just off Commercial Road in one of Prahran's most sought-after pockets. Designed with a practical and well-considered layout, the home opens to a light-filled living and dining domain, enhanced by warm timber flooring and a seamless connection to a covered balcony perfect for relaxed everyday living or effortless entertaining. The modern kitchen is well-appointed with quality appliances and ample storage, combining efficiency with a sleek, contemporary finish. Accommodation comprises two well-proportioned bedrooms, each fitted with built-in robes. The main bedroom is complemented by a private ensuite, while a central bathroom and dedicated laundry space add further everyday convenience. Completing the offering is a standard basement car space (not a stacker), providing ease of access and true practicality. Residents also enjoy views over Emporia's beautifully maintained Japanese-inspired garden and access to communal recreational facilities, offering a peaceful retreat within an urban setting. Perfectly connected, tram route 72 is right at your doorstep, with Prahran Station just approximately 200 metres away, ensuring effortless access to the CBD and surrounding lifestyle hubs. Superbly located directly across from Prahran Market and within moments of Chapel Street, Grattan Gardens and an array of renowned cafés, restaurants and boutiques, this is an outstanding opportunity for both owner-occupiers and investors seeking a premium lifestyle address.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
2 months ago

Repayment calculator

$3,045/month
$1,522 /fortnight
Loan $502,400 at 6.10% over 30 years

Upfront costs

Deposit$125,600
Stamp duty$32,750
Conveyancing (est.)$2,000
Total upfront$160,350
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Prahran

This 2-bedroom apartment in Prahran, VIC 3181 sits within reach of public transport, local shops local amenities. It is listed 5% above the $600,000 median of 54 comparable apartmentswithin 5 km.

What's nearby

  • Stop 46: Chatham Street (tram)351 m away
  • Bonds305 m away
  • Unnamed86 m away
  • Unnamed161 m away
  • Unnamed169 m away

Prahran at a glance

Full suburb profile
Population
12,203
Median age
34
Household income
$2,121/wk
Median rent
$421/wk
Median mortgage
$2,274/mo

Source: ABS Census.

Due diligence

Property Report

Zoning & Regional Plan

Complete

GRZ1

General Residential Zone - Schedule 1

Stonnington Planning Scheme

Height Limit

11 metres

Min Lot Size

300m²

Permitted uses · 6
Dwelling (house)Dwelling (unit)Two dwellingsHome-based businessKindergartenCommunity centre
Prohibited uses · 6
IndustryRetail premisesOfficeService stationNightclubHostel
Source: StMate AI — VIC planning scheme06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Prahran price trend

Median sold · Unit 2 bed

Compound growth -1.5% / yr over 4 yrs

$605kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Prahran market

This listing

Price history

Price history

Listing price changes & sale

2 price changes recorded for this property

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Within 5km

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