505/7 King StreetPrahran VIC 3181
Property Details for 505/7 King St, Prahran
505/7 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 53m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
Looking for the ultimate lifestyle in Prahran? With breathtaking views of Chapel Street's iconic period street-scape, you can relax in the comfort of your own home and take in the stunning surroundings.
Inside the apartment, you'll find a spacious layout that boasts an efficient use of space, seamlessly integrating the living and dining room with a covered entertainer's terrace. Indulge in the fully equipped kitchen, funky bathroom with a circular shower, concealed European laundry, built-in bedroom robes, and reverse-cycle air conditioning for ultimate comfort.
Additional features include intercom entry, secure basement car space, and a storage cage for your convenience. Plus, residents can take advantage of the communal terrace with barbeques, perfect for entertaining guests.
Located just a stone's throw away from Prahran Station, trams, restaurants, nightlife, shops, boutiques, Prahran Market's fresh produce, Princes Gardens, and more, this feature-filled home is perfect for both first-time buyers and savvy investors seeking healthy rental returns. Don't miss out on the chance to live in one of Prahran's most sought-after locations!
Property History for 505/7 King St, Prahran, VIC 3181
- 15 May 2023Sold for $390,000
- 22 Mar 2023Listed for Sale $390,000
- 21 Jun 2019Listed for Rent - Price not available
Recent sales nearby
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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 1.02% increase in median value, while Units have seen a 0.08% increase. As at 31 December 2025:
- The median value for Houses in Prahran is $1,618,142 while the median value for Units is $539,491.
- Houses have a median rent of $770 while Units have a median rent of $550.
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