506 High St, Prahran is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 68m2.
This contemporary two bedroom, 2 bathroom luxury apartment includes an open plan living area, timber flooring, stone benchtops extending into a dining table, stainless steel appliances, integrated dishwasher, gas cooktop and striking cylindrical SMEG extractor fan. Offering plenty of outside and inside comfort with an adjoining private galley style terrace, to throw open the glass sliding doors to let the breezes flow. Both bedrooms are fitted with quality mirrored built in robes, included in the main bedroom, a study nook plus an en-suite. A state of the art central bathroom with generous shower recess. Additional features include a secure car space, storage cage, security TV-monitored intercom, lift access and a reverse-cycle heating and cooling. Stunning interiors, and a stunning roof top garden with lush landscaping, provides separate areas to entertain or relax with a focal point, the fire pit, surrounded by lounges and day beds, with an adjacent table tennis and barbecue area. Also on level six, a beautifully furnished dining and kitchen area is yours to share or book for dinner parties or gatherings. All within a stroll to Albert Park Lake and the caf culture, bars, shops and restaurants. This property is in a league of its own and the perfect place to unwind and enjoy.
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 10,921 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:
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