SOLD
Sold on 23 May 2024 for $560,000

401/8 Princes Close
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 67m2
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Property Details for 401/8 Princes Cl, Prahran

401/8 Princes Cl, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2017. The property has a floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
67m2
Local Government
Stonnington
Lot/Plan
401/PS735476

Last Listing description (June 2024)

This generous and stylish one-bedroom apartment will find you in the heart of it all in Princes Close, just off iconic Chapel Street. Enjoy all the amenity of contemporary living with every convenience right at your doorstep - a perfect balance of work and play in the heart of highly sought-after Prahran! This is a great start not just for the first home buyer but also for the astute investor.
Modern finishes and cabinetry feature in a sparkling modern kitchen with Euromaid oven and cooktop, stone benchtop, seamless storage and quality fully integrated dishwasher and fridge. Split system heating and cooling ensures absolute comfort, while surrounding wide windows capture fantastic natural light and sweeping park views. A stylish tiled powder room is accessible to the bedroom and study, perfectly set up for working from home. Living areas and kitchen are finished with oak styled timber floating floor boards.
Rare for such a centrally located apartment, you're blessed with a surprisingly spacious balcony that shares in the stunning views over vibrant Prahran and into the city beyond. Enjoy all-weather entertaining in the covered alfresco area, or bask in the sunshine of the open-air terrace with plenty of room to entertain friends and family.

The large bedroom enjoys ample natural light with a floor-to-ceiling sliding door straight to the balcony, plus full-wall mirrored built-in robes and a generous ensuite with frameless shower. Additional highlights include internal laundry facilities, track lighting, lift access, video intercom and secure fob entry.
Most exciting of all is this incredible location; just a stroll to bustling Prahran Market, Chapel Street boutiques, grocers, cafes, restaurants, bars and more!

Property History for 401/8 Princes Cl, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$560,000
23 May 2024
Listed for Rent
$520/w
11 Jan 2019
  • 23 May 2024
    Sold for $560,000
  • 09 Apr 2024
    Listed for Sale Under Offer
  • 11 Jan 2019
    Listed for Rent - Price not available
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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 31 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.

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.