502/1 Mount Street, Prahran, VIC 3181 sold on 29 December 2024 | OnTheHouse
SOLD
Sold on 29 Dec 2024 for $615,000

502/1 Mount Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 686m2
Sold By
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Buxton Stonnington
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Property Details for 502/1 Mount St, Prahran

502/1 Mount St, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 686m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
60m2
Land Size
686m2
Local Government
Stonnington
Lot/Plan
502/PS721480

Last Listing description (February 2024)

LIGHT AND STYLE WITH LOCATION PERFECTION!

In a modern low rise complex with the best of Prahran and Chapel Street at your doorstep, this fifth floor apartment is ideal with its open design, quality features and secure surrounds.

Light and bright interior comprises two bedrooms, both with built in robes plus a stylish central bathroom.

Add to this an open lounge/dining area and well appointed modern kitchen with gas cooktop, oven, ample cupboard space and dishwasher.

Other highlights include split system heating and air conditioner, video intercom, large balcony, European laundry plus one underground car space.

Walking distance to cafes and shops on Chapel Street, close to public transport, as well as easy access to parkland.

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Property History for 502/1 Mount St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$615,000
29 Dec 2024
Listed for Rent
$450/w
19 Jul 2022
  • 29 Dec 2024
    Sold for $615,000
  • 02 Feb 2024
    Listed for Rent $560 / week
  • 13 Jul 2022
    Listed for Rent $450 / 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 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 10,915 properties. Over the last 5 years, Houses in Prahran have seen a -8.01% decrease in median value, while Units have seen a 6.77% increase. As at 30 November 2025:

  • The median value for Houses in Prahran is $1,471,621 while the median value for Units is $548,087.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 37 properties listed for sale, and 18 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.