Back 102/27 Macquarie Street
Off Market

102/27 Macquarie Street

Prahran VIC 3181

1
1
Apartment
Last sold for $352,000
Lisa TsangLisa Tsang, last sold this property on 04 March 2026 after 48 days on market.

Overview

Greville Street Precinct Investment – High-Yield 7.5% Return

Secure a high-performing asset in one of Melbourne's most tightly held inner-south precincts, delivering a strong 7.5% return within the architecturally striking Tatu building. Positioned in the heart of Prahran, this one-bedroom apartment offers investors immediate income potential combined with enduring rental demand driven by lifestyle, connectivity and amenity. For owner-occupiers, this is also an opportunity to secure a stylish, low-maintenance home in a blue-chip lifestyle location-perfect for professionals, first-home buyers or those seeking a vibrant inner-city base. Enjoy the convenience of lock-and-leave living with every amenity at your doorstep, all within a boutique, design-focused building. Located just moments from Greville Street and Chapel Street, the property benefits from constant tenant appeal thanks to its proximity to cafés, dining, retail, nightlife and public transport. Trains and trams are within easy reach, providing seamless CBD access-an essential drawcard for professional renters. The apartment's well-considered floorplan enhances its leasing appeal, featuring open-plan living and dining flowing to a private balcony, a generously proportioned kitchen with quality appliances and excellent storage, and a large bedroom with built-in robes serviced by a modern ensuite. Heating and cooling, a dedicated laundry zone and contemporary finishes ensure low-maintenance ownership and ongoing tenant comfort. Supported by NBN Fibre to the Curb and 5G coverage, the property is positioned for consistent rental demand across professional and young renter demographics. With its premium inner-urban address, proven rental yield and strong lifestyle fundamentals, this is an outstanding opportunity for investors seeking immediate cash flow and long-term capital growth in a blue-chip location.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Prahran over the last 12 months, the estimated median property value of 102/27 Macquarie Street is $381.25k.

Median value
$381.25k
Estimated value range
$115k - $560k
Median days on market
28
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Prahran. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 102/27 Macquarie Street

2026
Rented
Undisclosed
Leased on 12 May 2026 by Jellis Craig Stonnington
2026
Sold
$352,000
04 Mar 2026 by Lisa Tsang, of Areal Property Box Hill

Happy sellers in Prahran

75%
75% of sellers in Prahran reported that their sale price either exceeded or met their price expectations.

Prahran stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Prahran over the last 12 months.

Local market activity for 1 bedroom apartments in Prahran

In the last 12 months, 123 one-bedroom apartments similar to 102/27 Macquarie Street, have been sold.

This represents a 15% increase in one-bedroom apartments sales when compared to the previous 12 months.

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