SOLD
RECENT ADVICE
Sold on 20 Apr 2024 for $1,720,000

701/16 Porter Street
Prahran VIC 3181

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
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Property Details for 701/16 Porter St, Prahran

701/16 Porter St, Prahran is a 3 bedroom, 3 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Apartment sold in Prahran in the last 12 months.

Building Type
Apartment

Last Listing description (April 2024)

You have to see this to believe it. It is a WOW factor at every turn. Be blown away by the views from your penthouse apartment. Bring the outdoors in with your full length North facing entertainer’s balcony.

The generous proportions will be enjoyed in the open plan living and dining room flooded with natural light from the floor-to-ceiling sliding balcony doors and natural timber floors.

Take your choice of master suites with bedrooms flanking the apartment. Each one including walk-through robes and luxe finished ensuites, with one boasting a bath and built-in desk. An equally generous third bedroom with direct access to the balcony has the benefit of the third bathroom and double length desk directly outside the bedroom door.

Your sleek kitchen won’t disappoint with a 6 burner gas Bosch cooktop, 900mm oven, stone benchtops, endless cupboards and walk in pantry, adjoining a well designed spacious laundry. Enjoy the views from your kitchen as you entertain or prepare meals on the stone bench. There is ample space in the dining area for a large family or dinner party to remember.

Added extras and expected comforts include ducted and split system heating/cooling, two secure car spaces and enormous storage cage.

Stroll to Prahran train station with both Greville Street and Chapel Street, cafes, restaurants and shopping all on your doorstep. Hunter’s spectacular rooftop provides another option when entertaining friends or simply taking time to relax.

Property History for 701/16 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$1,720,000
20 Apr 2024
Listed for Rent
$1.30k/w
25 Jan 2023
  • 20 Apr 2024
    Sold for $1,720,000
  • 21 Mar 2024
    Listed for Sale $1,550,000-$1,650,000
  • 19 Aug 2020
    Listed for Rent $1,000 / 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 10,553 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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David Picking
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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.