SOLD
Sold on 31 Oct 2023 for $1,580,000

305/525 High Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 73m2
Land area: 1573m2
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Property Details for 305/525 High St, Prahran

305/525 High St, Prahran is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2019. The property has a land size of 1573m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
73m2
Land Size
1573m2
Local Government
Stonnington
Lot/Plan
305/PS805178

Last Listing description (November 2023)

Embracing an unmistakably bold presence in the realm of sophisticated urban living, this spacious and north-facing three-bedroom apartment, skillfully designed by Jackson Clement Burrows, offers an exquisite backdrop of Melbourne's city skyline. Nestled securely on the third floor of a boutique building in the vibrant heart of Prahran East Village, this bespoke residence stands out for its unwavering commitment to quality.

Impressively generous in size and bathed in the gentle northern sunlight, the open-plan dining and living area features elegant Oak flooring and a cleverly concealed TV station, all complemented by a gourmet kitchen adorned with striking stone countertops and top-of-the-line Miele appliances. Effortlessly, this space extends to a sunlit, north-facing terrace where the cityscape takes center stage, inviting entertainers to revel in the view.

The primary bedroom exudes a rare level of opulence with dimensions reminiscent of a high-end hotel suite, boasting a walk-in robe, a five-star ensuite, and its very own terrace offering further city vistas, along with glimpses of Port Phillip Bay. Meanwhile, the additional bedrooms provide ample built-in wardrobe space and easy access to the central bathroom.

Additionally, there are two secure basement parking spaces, a capacious storage unit, video entry, a fob-activated elevator, and reverse cycle heating and air conditioning.
Positioned perfectly to relish the best of High Street Armadale and the Chapel Street precinct, this diverse urban location offers a delightful local cafe scene, an array of dining options, bars, and convenient tram access to the city.

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Property History for 305/525 High St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$1,580,000
31 Oct 2023
  • 31 Oct 2023
    Sold for $1,580,000
  • 04 Oct 2023
    Listed for Sale Expressions of Interest close Tues 31st Oct 2:30pm
  • 16 Oct 2016
    Sold for $1,614,500

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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 10,644 properties. Over the last 5 years, Houses in Prahran have seen a 15.74% increase in median value, while Units have seen a 8.76% increase. As at 30 September 2024:

  • The median value for Houses in Prahran is $1,752,374 while the median value for Units is $571,029.
  • Houses have a median rent of $750 while Units have a median rent of $525.
There are currently 32 properties listed for sale, and 10 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 506 properties were sold in the past 12 months in Prahran.

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David Stringer
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Fraser Cahill
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Marshall White - Stonnington
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