18/2 King Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

18/2 King Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1071m2
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Property Details for 18/2 King St, Prahran

18/2 King St, Prahran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 1071m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2006
Floor Size
60m2
Land Size
1071m2
Local Government
Stonnington
Lot/Plan
18/PS509836

Last Listing description (May 2026)

Private Sale Close Tue 19 May 5.00pm

Remarkably spacious for a one-bedroom residence and positioned above one of Melbourne's most dynamic lifestyle precincts, this stylish apartment in the coveted Vicino building presents an outstanding opportunity for the discerning buyer seeking scale, sophistication and an unrivalled inner-urban address.

Accessed via secure intercom entry and set above a quiet, pedestrian-only stretch where King Street meets Chapel Street, the residence overlooks a traffic-free, piazza-style setting. Inside, the proportions are immediately striking. An expansive open-plan living and dining area is illuminated by northern light through full-width glazing that opens to a broad semi-covered terrace. The sense of space and connection to light is exceptional, creating an environment equally suited to relaxed entertaining and daily living.

A contemporary designer kitchen with premium appliances and stainless-steel benchtops complements the living space, while abundant built-in storage and a European laundry ensure clean and effortless organisation throughout. The central bedroom is generous, bright and private, with mirrored built-in robes and its own access to a cleverly designed, well-appointed bathroom featuring a semi-separate shower and toilet. Split-system climate control and bedroom wall panel heating provide year-round comfort, with a secure basement car space completing a polished, low-maintenance offering.

The position is the true distinction. Step directly onto Chapel Street for daily coffee, leisurely dining, and weekends spent exploring Prahran Market or the boutiques of Greville Street. Prahran Station, trams, Princes Gardens, and the Prahran Aquatic Centre are moments away, with swift arterial access to the CBD. For the buyer who values space, light, and a life lived at the centre of everything, this is a rare and compelling proposition.

Property History for 18/2 King St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$475,000
10 Apr 2021
Listed for Rent
$400/w
16 Aug 2021
  • 30 Apr 2026
    Listed for Sale $485,000 - $530,000
  • 25 May 2021
    Listed for Rent $400 / week
  • 10 Apr 2021
    Sold for $475,000
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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 2016 was 12982 people. By 2021 the population was 12203 showing a population decline of 6.0% in the area during that time. The predominant age group in Prahran is 30-39 years. Households in Prahran are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Prahran work in a professional occupation.In 2021, 43.60% of the homes in Prahran were owner-occupied compared with 39.30% in 2016.

Prahran has 10,916 properties. Over the last 5 years, Houses in Prahran have seen a -9.89% decrease in median value, while Units have seen a 1.31% increase. As at 31 March 2026:

  • The median value for Houses in Prahran is $1,584,132 while the median value for Units is $549,998.
  • Houses have a median rent of $920 while Units have a median rent of $575.
There are currently 30 properties listed for sale, and 17 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 621 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.