SOLD
Sold on 11 Sep 2024 for $690,000

21/7-8 Sydney Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 1226m2
Sold By
Marshall White
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Property Details for 21/7-8 Sydney St, Prahran

21/7-8 Sydney St, Prahran is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 1226m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
1988
Floor Size
72m2
Land Size
1226m2
Local Government
Stonnington
Lot/Plan
149/RP1078

Last Listing description (September 2024)

Directly opposite Orrong Park and framing vistas across its verdant expanses, this impressively large and light-filled, two bedroom apartment is a brilliant example of post-modern, mid-century chic, in a dream location just metres from High Street and surrounded by city-bound transport options. Securely set on the second floor, with huge light-letting windows and a generous balcony, the apartment feels like a treetop hideaway in one of the area's more iconic buildings.
Presenting a compelling blend of current day livability and opportunity for future rejuvenation, the kitchen / meals is particularly bright with wrap-around windows, whilst a semi-attached lounge / dining is impressively scaled with seamless balcony connection and equally abundant natural light. The main bedroom benefits from an entire wall of built-in robe storage and an ensuite with laundry facilities, whilst the second bedroom - also with built-in robes - is conveniently adjacent to a powder room and second shower, plus there is secure video entry, split system heating and air conditioning, as well as the coveted prize of an oversized undercover parking space.
Walk easily to a diversity of cafes, bars and restaurants along High Street stretching all the way up to its popular Chapel Street intersection, as well as the refinement of Hawksburn Village, plus you have easy access to High Street and Malvern Road trams, the Orrong Road bus and trains from Toorak Railway Station.

Property History for 21/7-8 Sydney St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$690,000
11 Sep 2024
Listed for Rent
$375/w
29 Jun 2021
  • 11 Sep 2024
    Sold for $690,000
  • 31 Jul 2024
    Listed for Sale $710,000
  • 15 Jun 2021
    Listed for Rent $375 / week
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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 10,555 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 28 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 504 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.