OFF MARKET

701/7 King Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 1111m2
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Property Details for 701/7 King St, Prahran

701/7 King St, Prahran is a 2 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 56m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
2012
Floor Size
56m2
Land Size
1111m2
Local Government
Stonnington
Lot/Plan
701/PS634211

Last Listing description (August 2014)

Striking Style, Contemporary Comfort
A picture of city fringe sophistication, this as new apartment delivers a laid-back luxe lifestyle in the heart of vibrant Chapel Street. Elegant interiors reveal a flexible floor plan, where the second bedroom adapts as a study or extension of the living zone as required. A stone kitchen with Smeg appliances, integrated dishwasher and glass splashback continues the stylish scheme, linking to a generous living / dining zone with adjoining balcony, enjoying abundant natural light and district and city skyline vistas. With access to a fabulous communal barbeque terrace with chic al fresco seating, and just steps from the cafes and nightlife on offer in the vicinity, it provides premium entertainment options, while a choice of tram lines nearby ensures easy commuting. Boasting an extensive features list including plush carpets, split-system air-conditioning, euro laundry and secure basement parking this slick abode instantly appeals as an astute investment or comfortable home base.

Property History for 701/7 King St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$535,000
27 Jul 2014
Listed for Rent
$550/w
02 Feb 2013
  • 27 Jul 2014
    Sold for $535,000
  • 31 Oct 2013
    Listed for Sale Not Disclosed
  • 30 Nov 2012
    Listed for Rent $550 / 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 10,555 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, 505 properties were sold in the past 12 months in Prahran.

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