609/7 King StreetPrahran VIC 3181
Property Details for 609/7 King St, Prahran
609/7 King St, Prahran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 1111m2 and floor size of 52m2. 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.
Last Listing description (April 2021)
Inspection by Private Appointment. Please contact the agent to arrange an appointment.
Elevated above the excitement of Prahran and delivering a great vantage point of Chapel Street's iconic period streetscape, this contemporary one-bedroom apartment is a lifestyle lover's delight.
Boasting an efficient use of space, the roomy layout incorporates a living and dining room extending seamlessly to an entertainer's terrace innovatively functioning as a year-round, indoor-outdoor room thanks to perforated metal sliding doors that can be opened up in the warmer summer months and completely closed during winter.
Additional highlights include a cleverly integrated, fully equipped kitchen, a funky bathroom with circular shower, concealed European laundry, reverse-cycle air conditioner, built-in bedroom robes, intercom entry and a secure basement car space and storage cage. Residents also get to enjoy the use of a communal terrace with barbeques.
With Prahran Station, trams, restaurants, nightlife, shops, boutiques, Prahran Market's fresh produce, Princes Gardens and so much more at one's fingertips, this feature-filled home offers great value for entry-level buyers and savvy investors seeking healthy rental returns.
Property History for 609/7 King St, Prahran, VIC 3181
- 19 Jul 2024Sold for $350,000
- 04 Dec 2020Sold for $387,500
- 17 Nov 2020Listed for Sale Contact Agent
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0About 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 10,546 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.
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