503/7 Carlton St, Prahran is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 435m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Prahran in the last 12 months.
Positioned on the fifth floor of the sought-after Carlton Apartments, this stylish and sophisticated two-bedroom, two-bathroom residence places you right in the middle of one of Melbourne's best lifestyle precincts with an elevated outlook that gives you the best of Prahran on your doorstep.
Floor-to-ceiling glazing fills the open-plan living and dining area with abundant natural light, while timber flooring, considered finishes and split-system heating and cooling keep life comfortable and effortless. The spacious terrace is a genuine extension of the living space, offering ample room to relax or entertain against unobstructed panoramic views across heritage rooftops and beyond.
The sleek kitchen is well-appointed with SMEG stainless steel appliances, including a gas cooktop, electric oven and integrated dishwasher, complemented by stone benchtops, a subway tile splashback and refined dark-toned cabinetry.
Location is where this apartment truly excels. Chapel Street is right outside your door with its ever-evolving restaurants, bars and boutiques. Prahran Market, Hawksburn Village, Greville Street and Prahran Central are all a short walk, while Princes Gardens and the Prahran Aquatic Centre provide easy access to green space and recreation. Prahran Station and trams along Chapel Street and Commercial Road connect you to the CBD in minutes.
A smart, well-finished apartment in a location that speaks for itself. Ideal as an urban lifestyle base, a considered downsizing option or a high-performing investment.
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 11,126 properties. Over the last 5 years, Houses in Prahran have seen a -17.66% decrease in median value, while Units have seen a -3.04% decrease. As at 31 July 2026:
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