SOLD
Sold on 27 Apr 2024 for $415,000

5/297 Dandenong Road
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 691m2
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Belle Property Armadale
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Property Details for 5/297 Dandenong Rd, Prahran

5/297 Dandenong Rd, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 691m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
56m2
Land Size
691m2
Local Government
Stonnington
Lot/Plan
19/RP7755

Last Listing description (July 2024)

Saturated with natural northern light, this chic and oversized second floor apartment offers spacious proportions (in excess of 50 sqm), refurbished interiors plus the huge added bonus of a lock up garage accessed via Chomley Street. Positioned well back from Dandenong Road, it boasts a convenient position with trams on the doorstep providing easy access to the beach, Albert Park Lake and the CBD plus Chapel and High Street shopping and cafes within walking distance. Immaculately presented throughout with wooden flooring, the open and fresh interior offers a modern kitchen with stainless steel gas cooking and breakfast bar, generous sun-filled lounge/dining, balcony with city skyline glimpses, large sunny bedroom with built in robes, renovated bathroom with washing machine facilities and panel heating as well as a separate toilet. Additional extras include security entrance with intercom, immense linen storage and heating and cooling. Seize the opportunity to move straight in or lease out with no further expense required.

Property History for 5/297 Dandenong Rd, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$415,000
27 Apr 2024
Listed for Rent
$375/w
01 Jun 2020
  • 27 Apr 2024
    Sold for $415,000
  • 21 Mar 2024
    Listed for Sale $415,000
  • 11 Jan 2021
    Sold for $415,000
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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 10,641 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, 504 properties were sold in the past 12 months in Prahran.

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