FOR SALE
$300,000 - $330,000

403/7 King Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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“FULLY FURNISHED GREAT LOCATION!”

This well designed fully furnished one bedroom apartment is perfect for someone looking to live in a buzzing suburb whilst also maintaining a peaceful place to relax. The Rue De Chapel development provides a luxurious lifestyle coupled with the buzz and fun of Melbourne's famous Chapel and Greville Streets.
With Chapel Streets endless cafes, bars, shopping and entertainment, you will be spoiled for choice when deciding where to go and what to do next.
Chapel St tram stops only 20m from the front door with Prahran Station only a 250m walk down Greville Street, you will have easy access to wherever you need to go.
Currently rented at $500 pw until December 2024.
Contact Maxine Thomson on 0422 036 333 or maxinet@dinglepartners.com.au
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Property Details for 403/7 King St, Prahran

403/7 King St, Prahran is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Dingle Partners - Melbourne.

Building Type
Apartment

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About Prahran 3181

The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.

Prahran has 10,643 properties. Over the last 5 years, Houses in Prahran have seen a 12.42% increase in median value, while Units have seen a 7.00% increase. As at 31 August 2024:

  • The median value for Houses in Prahran is $1,637,271 while the median value for Units is $555,116.
  • Houses have a median rent of $750 while Units have a median rent of $530.
There are currently 31 properties listed for sale, and 18 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 505 properties were sold in the past 12 months in Prahran.

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Maxine Thomson
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Dingle Partners - Melbourne
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