SOLD
Sold on 22 Jul 2024 for $400,000

111/87 High Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
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Property Details for 111/87 High St, Prahran

111/87 High St, Prahran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
130m2
Local Government
Stonnington
Lot/Plan
111/PS640611

Last Listing description (August 2024)

The Apartment Specialists welcomes you to Linx.

Looking for the perfect inner city pad in the heart of Prahran, this is the one!

Light & bright Apartment 111 offers a well-planned 1 bedroom unit in the ideal location.

The apartment offers the following internal features.

- City and suburban Views from a large wrap around balcony.
- Heating and cooling
- Open Plan Living
- Quality Fixtures & Fittings throughout
- Dishwasher
- Built in Robes
- Basement car space
- Floor to ceiling windows

While the apartment is enough by itself, its location takes this opportunity to another level. The apartment is only metres from a grocery store ideally located at the ground level of the complex for all your daily needs. With a few more steps and a quick stroll, you can also be transported to the immediate surrounds of Chapel Street, High Street, Greville Street, Prahran Market, Fawkner Park and Albert Park Lake.

With all that each of these areas has to offer life is about to get a whole lot better!

The abundance of cafes, restaurants, parks, nightlife, markets, trams, trains and buses make this an ideal property for someone looking to enjoy living in the best of inner city Melbourne or alternatively looking to capitalise on the booming rental/investment market.

APARTMENT 111 @ LINX IS AVAILABLE & READY FOR IMMEDIATE PRIVATE SALE

Please note: The property is currently occupied on a monthly tenancy so can be made available vacant possession, or with a tenant as an ongoing immediate investment.

### - Given this is an apartment complex, access is restricted. Please arrive 5 minutes prior to at the advertised open time and wait at the entrance for access. This will allow us to provide you entry into the apartment through the secured areas and then be in the apartment to answer any queries you may have.

Property History for 111/87 High St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$400,000
22 Jul 2024
  • 22 Jul 2024
    Sold for $400,000
  • 27 May 2024
    Listed for Sale Not Disclosed
  • 08 Dec 2010
    Sold for $444,160

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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 10,554 properties. Over the last 5 years, Houses in Prahran have seen a 10.60% increase in median value, while Units have seen a 5.10% increase. As at 31 October 2024:

  • The median value for Houses in Prahran is $1,718,651 while the median value for Units is $555,773.
  • Houses have a median rent of $760 while Units have a median rent of $525.
There are currently 27 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 506 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.