SOLD
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Sold on 25 Jul 2024 - Price Unavailable

5/2 King Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Sold By
Belle Property Armadale
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Property Details for 5/2 King St, Prahran

5/2 King St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
60m2
Local Government
Stonnington
Lot/Plan
5/PS509836

Last Listing description (September 2024)

Securely positioned on the first floor of this boutique development and located just steps to cosmopolitan Chapel Street, this generously proportioned one-bedroom apartment offers the perfect combination of luxe and low maintenance lifestyles.

Upon entry, hardwood Jarrah flooring draws you toward the expansive open plan living zone. The dedicated dining area is serviced by a sleek and streamlined kitchen which features stone benchtops, Smeg cooking appliances, integrated dishwasher and plentiful storage.

The living room is vast and offers access to a private, full-width North Facing balcony via floor-to-ceiling glass sliding doors which bathe the room in natural light.

Set back from the street to ensure peace and tranquillity, the oversized master bedroom features floor to ceiling mirrored robes, a private caf style terrace and access to the well-appointed semi ensuite bathroom.

Larger than many two-bedroom apartments on the market, this outstanding home also offers high ceilings, secure intercom entry, split system heating and cooling, brand new carpet, freshly painted interiors, European laundry and two highly valuable council parking permits.

Property History for 5/2 King St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
25 Jul 2024
Listed for Rent
$450/w
12 Dec 2022
  • 25 Jul 2024
    Sold
  • 11 Jul 2024
    Listed for Sale $385,000
  • 18 May 2021
    Listed for Rent $450 / 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 10,641 properties. Over the last 5 years, Houses in Prahran have seen a 13.84% increase in median value, while Units have seen a 12.34% increase. As at 31 July 2024:

  • The median value for Houses in Prahran is $1,646,269 while the median value for Units is $553,867.
  • Houses have a median rent of $750 while Units have a median rent of $540.
There are currently 31 properties listed for sale, and 17 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 498 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.