OFF MARKET

408/7 King Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 1111m2
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Last updated 11 Nov 2024
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Property Details for 408/7 King St, Prahran

408/7 King St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2012. 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 transferred in September 2023.

Building Type
Unit
Year Built
2012
Floor Size
51m2
Land Size
1111m2
Local Government
Stonnington
Lot/Plan
408/PS634211

Last Listing description (June 2024)

A pure celebration of style and abundant space, this elevated Rue De Chapel one bedroom apartment has everything you could want or need in an inner city apartment including a rock star location embedded in the heart of the Chapel Street precinct. The interior's impressive proportions are highlighted in the fabulous open-plan living and dining area with floor-to-ceiling glass sliding doors retracting to a deep undercover entertaining terrace. The kitchen is designed for functionality with a modern streamlined aesthetic and integrates Smeg appliances including a dishwasher, stone benchtops, glass splashback and concealed fridge space. Design excellence is further addressed in the spacious double bedroom with built-in robes and bathroom with an eye-catching curved shower with penny round tiles. Features a secure car space, storage cage, lift access, excellent security, R/C air conditioning newly installed carpet and a European laundry. Residents also enjoy a superb communal rooftop garden and BBQ area with grandstand views across Prahran Town Hall and the surrounding district. From this incredible location you can walk to Chapel and Greville Streets, cafes and restaurants, several tram lines, Prahran Station and all the amenity that makes the area so liveable from Prahran Market to Princes Gardens, Prahran Square and hundreds of retail stores. This is a lifestyle to love!

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Property History for 408/7 King St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Transferred
21 Sep 2023
Listed for Rent
$350/w
19 May 2021
  • 31 May 2024
    Listed for Rent $500 / week
  • 21 Sep 2023
    Transferred
  • 03 Mar 2021
    Listed for Rent $350 / week
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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 10,549 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.
There are currently 28 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 503 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.