5/1 Donald StreetPrahran VIC 3181
Property Details for 5/1 Donald St, Prahran
5/1 Donald 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 July 2024. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.
Last Listing description (July 2024)
A modernised and charming Art Deco style student-only apartment with wide open hallways and spacious design not common in todays cookie-cutter apartments. Offering a fabulous investment opportunity with renter in place at $290/week on a monthly basis.
A stylish, and spacious, partially furnished one bedroom apartment, this complex is boasting a fantastic position in cosmopolitan Prahran with all modern conveniences.
1 Donald Street is brilliantly located only 5 minutes' walk from fashionable and funky Chapel Street and near the corner of Greville Street. Enjoy some of Melbourne’s best shops, boutiques, restaurants, cafes, food markets, supermarkets, and cinemas only a few minutes away.
Easily a quick 5 minutes walk to Melbourne Polytechnic - Prahran Campus. Choice of trams on High Street, Commercial Road and St Kilda Road or Prahran train station, so travel is easy and fast to city-based campuses or any other of Melbourne’s tertiary institutions.
Call now to secure this fabulous investment opportunity!
NOTE - Images of this apartment include styled and staged furniture.
Property History for 5/1 Donald St, Prahran, VIC 3181
- 22 Nov 2024Listed for Rent $370 / week
- 16 Jul 2024Sold for $120,000
- 10 Jul 2024Listed for Sale UNDER OFFER
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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 10,554 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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