407/7 King StreetPrahran VIC 3181
Property Details for 407/7 King St, Prahran
407/7 King St, Prahran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1111m2 and floor size of 51m2. 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.
Last Listing description (May 2024)
Rue De Chapel space, style, and contemporary comfort.
Light-filled, open plan living and dining area
Modern streamlined kitchen integrating SMEG appliances including dishwasher, stone benchtops, glass splashback and concealed fridge space
Spacious bedroom with built in robes
Bathroom featuring eye-catching curved shower with penny round tiles
Convenient European laundry
Basement car space*, plus storage cage
Lift access and excellent security
Split system heating and air conditioning for year-round comfort
Superb communal rooftop garden and BBQ area, showcasing grandstand views across Prahran Town and the surrounding district
In a first-class location just steps away from Chapel and Greville Street, you'll find a treasure trove of cafes, restaurants, and boutiques awaiting your exploration. From the bustling Prahran Market to the serene Princes Gardens and vibrant Prahran Square, every element of an enriching lifestyle is here. Getting around is also a breeze thanks to access to multiple tram lines and Prahran Station. Come discover for yourself why this area is in such high demand!
*Please note: Access to basement parking is via a car lift (not the same as a car stacker), and a simple induction may be required.
At Shape, we blend experience, creativity, and care. Our local team provides award-winning service that is supported by best-in-class technology. Our expertise spans residential property management and sales, commercial and project marketing. For a better idea of your propertys value, please contact us for an appraisal.
Property History for 407/7 King St, Prahran, VIC 3181
- 01 May 2024Listed for Rent $525 / week
- 30 Mar 2024Sold for $350,000
- 21 Sep 2023Listed for Sale $350,000
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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 10,644 properties. Over the last 5 years, Houses in Prahran have seen a 12.42% increase in median value, while Units have seen a 7.00% increase. As at 31 August 2024:
- The median value for Houses in Prahran is $1,637,271 while the median value for Units is $555,116.
- Houses have a median rent of $750 while Units have a median rent of $530.
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