SOLD
Sold on 02 Feb 2024 for $560,000

503/1 Mount Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
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Property Details for 503/1 Mount St, Prahran

503/1 Mount St, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
61m2
Local Government
Stonnington
Lot/Plan
503/PS721480

Last Listing description (September 2016)

In the heart of stylish, fashion-forward Prahran, 'Zac' apartments offer various hotel style 2 bedroom, 2 bathroom apartments spread across five boutique levels boasting area views of Prahran and surrounds.
Each architecturally designed apartment features timber floorboards and/or carpets, contemporary joinery, as well as a sophisticated palette of luxury fixtures and finishes, with some apartments offering large outdoor terraces and balconies.
Internal features of each apartment include double sized bedrooms, reverse cycle heating and cooling, mirrored built-in-robes, storage cages, European laundry facilities, stainless steel appliances such as oven and gas cook top, integrated dishwashers, rain water shower fittings and generously sized outdoor terraces.

Positioned 260m from Chapel Street, meters from Tram routes #6 and #78 and amongst the cultural hub of Prahran, 'Zac' Apartments will surely impress.
Available Now.
Please contact Luke Spence to arrange your private viewing 0448 024 514 or luke@beller.com.au
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Property History for 503/1 Mount St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$560,000
02 Feb 2024
Listed for Rent
$530/w
15 Sep 2016
  • 02 Feb 2024
    Sold for $560,000
  • 19 Aug 2016
    Listed for Rent - Price not available
  • 20 May 2014
    Sold for $635,000

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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 10,643 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.
There are currently 31 properties listed for sale, and 13 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 509 properties were sold in the past 12 months in Prahran.

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