311/201 High St, Prahran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Prahran in the last 12 months.
Are you seeking a serene, roomy one-bedroom apartment nestled in the heart of Prahran OFFERING A FABULOUS 7.2% YIELD ON INVESTMENT
This exquisite abode boasts a magnificent 54 sqm approximate internal space, including balcony offering stunning views. Recently renovated, it features aqua-coloured handmade Italian ceramic wall tiles in the bathroom and kitchen, complemented by new tapware and fresh French wash paint. Industrial rope pendants illuminate the dining area and living room, lending a distinctive ambience, while reclaimed wooden timber shelving enhances the apartment's charm.
Seal the double-glazed windows for tranquillity, prepare a coffee in the stone bench kitchen equipped with stainless steel appliances, and bask in the comfort of reverse cycle heating and cooling. The apartment also offers a study nook with NBN access for productivity. Alternatively, throw open the doors and immerse yourself in the vibrant atmosphere of one of Melbourne's premier shopping and dining districts.
For added convenience, ample storage cupboards are situated in the main living area, along with an intelligently located European laundry. Additionally, a storage cage and secure underground car parking complete this ideal property, perfect for starting out, investing, or embracing the many advantages of living in one of Melbourne's most sought-after suburbs.
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 10,546 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:
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