SOLD
RECENT ADVICE
Sold on 28 Oct 2024 for $340,000

608/7 King Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 608/7 King St, Prahran

608/7 King St, Prahran is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.

Building Type
Apartment
Local Government
Stonnington
Lot/Plan
608/PS634211

Last Listing description (October 2024)

Perfectly positioned within Prahran's iconic 'Rue de Chapel' complex, this stunning 6th-floor apartment by the acclaimed SJB architects offers a stylish inner-city experience. Defined by sweeping views, a spacious interior and a fully secure low-maintenance setting, owner-occupiers and investors alike will be captivated by the smart layout and exceptional quality of this impeccably presented 1 bedroom apartment that’s brilliantly located at the heart of the exciting Chapel Street precinct. Complemented by a Jack Merlo-designed communal rooftop BBQ terrace, lifestyle is the focus of this sensational opportunity where the surrounding vibe is absolutely electric with its pedestrian café street at the doorstep, along with Chapel and nearby Greville Streets’ fabulous array of attractions including shopping, restaurants, nightlife, the Prahran Market, public pool, trams and train station. An open-plan living and dining area awash with natural light is enhanced by expansive floor-to-ceiling glazing that seamlessly connects to a superb undercover entertainment balcony that showcases a panoramic uninterrupted vista. The gourmet kitchen impresses with high-end Smeg appliances, stone benchtops and sleek cabinetry, while a chic designer bathroom exudes contemporary elegance. A well-appointed bedroom serves as a peaceful retreat with its mirrored built-in robes providing ample storage and ceiling fan affording the utmost comfort. There’s also a laundry area, split-system heating and cooling, intercom security plus easy lift access and a basement car parking space on title.

Property History for 608/7 King St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$340,000
28 Oct 2024
Listed for Rent
$350/w
04 Nov 2020
  • 28 Oct 2024
    Sold for $340,000
  • 09 Oct 2024
    Listed for Sale $340,000
  • 05 Mar 2024
    Transferred
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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 10,552 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.
There are currently 28 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 504 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Simon Shrimpton
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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.