SOLD
Sold on 29 Jun 2024 for $675,000

306/16 Porter Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 2210m2
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Property Details for 306/16 Porter St, Prahran

306/16 Porter St, Prahran is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 2210m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
72m2
Land Size
2210m2
Local Government
Stonnington
Lot/Plan
306/PS749415

Last Listing description (July 2024)

Practical in use, sophisticated in design, Hunter's stunning, luxury interiors exude warmth and the ambience of natural light. With livability as a key focus, spaces have been designed for open plan living. Featuring open plan living/dining with floor to ceiling windows, a modern kitchen fully equipped with gas cook top, electric oven and dishwasher whilst plenty of bench and cupboard space ensure entertaining is a breeze. The North facing balcony is covered, allowing for all year use. Two comfortable bedrooms (built-in robes), main with ensuite and convenience of a central bathroom. Additional features include heating/cooling and basement car park (not a stacker). On level 6 you will find Hunter's spectacular rooftop inviting you to entertain friends or relax in style at the table and couches, BBQ facilities and breathtaking views of the City and surrounds. Stroll to Prahran train station with both Greville Street and Chapel Street, cafes, restaurants and shopping all on your doorstep.

Property History for 306/16 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$675,000
29 Jun 2024
Listed for Rent
$650/w
01 Aug 2023
  • 29 Jun 2024
    Sold for $675,000
  • 29 Jun 2024
    Sold for $675,000
  • 20 Jun 2024
    Listed for Sale Private Sale: $660,000 - $700,000
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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 10,641 properties. Over the last 5 years, Houses in Prahran have seen a 13.84% increase in median value, while Units have seen a 12.34% increase. As at 31 July 2024:

  • The median value for Houses in Prahran is $1,646,269 while the median value for Units is $553,867.
  • Houses have a median rent of $750 while Units have a median rent of $540.
There are currently 31 properties listed for sale, and 17 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.