SOLD
Sold on 14 Aug 2024 for $670,000

506/10 Porter Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
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Property Details for 506/10 Porter St, Prahran

506/10 Porter St, Prahran is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
75m2
Local Government
Stonnington
Lot/Plan
506/PS714638

Last Listing description (December 2021)

Superb 75M2 Apartment plus 14M2 terrace is offered for lease in the heart of Prahran, Melbourne's most sought after suburb. Be spoilt having to choose amongst a huge variety of restaurants, cafes, and shopping choices including the Prahran market.

Features:

- Modern open plan kitchen (+ dishwasher)
- 2 Bedrooms with built in robes (Masters with en suite)
- 2 Bathrooms
- 1 Security Car Park
- Reverse cycle air conditioning
- Timber Flooring

All in Melbourne's most stylish area, in close proximity of all kinds of amenities, only 3 minutes walk to Prahran Station and Tram Stop, walking distance from Prahran Market, and only a short drive to the CBD.

Property History for 506/10 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$670,000
14 Aug 2024
Listed for Rent
$530/w
08 Dec 2021
  • 14 Aug 2024
    Sold for $670,000
  • 18 Dec 2020
    Listed for Rent $530 / week
  • 28 Oct 2019
    Listed for Rent $740 / 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 10,644 properties. Over the last 5 years, Houses in Prahran have seen a 15.74% increase in median value, while Units have seen a 8.76% increase. As at 30 September 2024:

  • The median value for Houses in Prahran is $1,752,374 while the median value for Units is $571,029.
  • Houses have a median rent of $750 while Units have a median rent of $525.
There are currently 32 properties listed for sale, and 10 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 506 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.