406/7 King Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

406/7 King Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 1112m2
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Property Details for 406/7 King St, Prahran

406/7 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 1112m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in September 2025.

Building Type
Unit
Year Built
2012
Floor Size
49m2
Land Size
1112m2
Local Government
Stonnington
Lot/Plan
406/PS634211

Last Listing description (October 2026)

Searching for an exceptional lifestyle in the heart of Prahran? This stylish apartment offers sweeping views of the historic charm along Chapel Street, allowing you to unwind in comfort while soaking in the vibrant local atmosphere.Step inside to discover a smartly designed, spacious floor plan that maximizes every inch. The open-plan living and dining area flows effortlessly to a covered entertainer's terrace-ideal for indoor-outdoor living. The sleek kitchen comes fully equipped, complemented by a uniquely designed bathroom featuring a circular shower, a hidden European laundry, built-in wardrobes, and reverse-cycle heating and cooling for year-round comfort.Additional highlights include secure intercom access, a basement parking space, and a storage cage for added convenience. Residents also enjoy access to a shared rooftop terrace complete with BBQ facilities-perfect for social gatherings.Just moments from Prahran Station, tram stops, cafes, restaurants, vibrant nightlife, boutique shops, Prahran Market, and green spaces like Princes Gardens, this well-appointed apartment is a standout opportunity. Whether you're a first-home buyer or an investor chasing strong rental yields, this property offers the ultimate in inner-city living. Don't miss your chance to secure a home in one of Prahran's most desirable pockets.*Please Note: Ray White Bentleigh/Carnegie kindly requests attendees to present Photo ID prior to property entry and inspection

Property History for 406/7 King St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$370,000
24 Sep 2025
Listed for Rent
$450/w
21 Jun 2023
  • 24 Sep 2025
    Sold for $370,000
  • 02 Jul 2025
    Listed for Sale $390,000
  • 30 May 2023
    Listed for Rent $450 / week
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About Prahran 3181

The size of Prahran is approximately 1.9 square kilometres. There are 8 parks, covering nearly 6.3% of the 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 11,104 properties. Over the last 5 years, Houses in Prahran have seen a -15.25% decrease in median value, while Units have seen a -4.42% decrease. As at 30 September 2026:

  • The median value for Houses in Prahran is $1,567,023 while the median value for Units is $543,303.
  • Houses have a median rent of $900 while Units have a median rent of $595.
There are currently 17 properties listed for sale, and 36 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 504 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.