405/1 Mount StreetPrahran VIC 3181
Property Details for 405/1 Mount St, Prahran
405/1 Mount St, Prahran is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.
Last Listing description (September 2024)
Discover urban living at its finest with Re-define Real Estate's exclusive offering at 405/1 Mount Street, Prahran, VIC 3181. This chic one-bedroom, one-bathroom apartment boasts a modern design, perfect for young professionals, couples, or savvy investors. The stylish interiors are complemented by high-quality finishes, ensuring both comfort and elegance. The spacious bedroom includes built-in wardrobes, while the open-plan living area seamlessly extends to a private balcony, providing a tranquil space to relax and unwind.
Location is everything, and this apartment places you in the heart of Prahran, a vibrant and sought-after suburb. Enjoy the convenience of having a multitude of cafes, restaurants, and boutique shops right at your doorstep. With a storage lot included, you’ll have ample space for all your belongings, making this property as practical as it is appealing. The absence of a car park is hardly a drawback, thanks to the excellent public transport options available. Prahran Station is just a short stroll away, offering quick and convenient access to the CBD and surrounding suburbs. Additionally, multiple tram lines service the area, making it effortless to explore Melbourne’s vibrant neighbourhoods, trendy cafes, and eclectic shops.
Whether you're a first-time homebuyer or looking to add a lucrative property to your portfolio, 405/1 Mount Street is an exceptional opportunity. Embrace the cosmopolitan lifestyle Prahran offers, with its bustling markets, lush parks, and vibrant nightlife.
Don’t miss out on this exceptional opportunity to own a piece of Prahran’s urban charm. Contact Philip Middlemiss from Re-define Real Estate on +61402840674 today to arrange a viewing and take the first step towards your new urban sanctuary.
If you own a apartment in this building and are interested in a rental or sale appraisal, please let us know.
Property History for 405/1 Mount St, Prahran, VIC 3181
- 02 Sep 2024Sold for $330,000
- 15 Jul 2024Listed for Sale $335,000
- 28 Jul 2017Sold for $370,000
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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 10,553 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.
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