507/7 King Street, Prahran, VIC 3181 sold on 06 June 2025 | OnTheHouse
SOLD
Sold on 06 Jun 2025 for $347,500

507/7 King Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 507/7 King St, Prahran

507/7 King St, Prahran is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.

Building Type
Apartment

Last Listing description (June 2025)

Perfectly positioned within Prahran's iconic 'Rue de Chapel' complex, this stunning 5th-floor apartment by the acclaimed SJB architects offers a stylish inner-city experience. Defined by sweeping views, a spacious interior and a fully secure low-maintenance setting, owner-occupiers and investors alike will be captivated by the smart layout and exceptional quality of this impeccably presented 1 bedroom apartment that’s brilliantly located at the heart of the exciting Chapel Street precinct. Complemented by a Jack Merlo-designed communal rooftop BBQ terrace, lifestyle is the focus of this sensational opportunity where the surrounding vibe is absolutely electric with its pedestrian café street at the doorstep, along with Chapel and nearby Greville Streets’ fabulous array of attractions including shopping, restaurants, nightlife, the Prahran Market, public pool, trams and train station. An open-plan living and dining area awash with natural light is enhanced by expansive floor-to-ceiling glazing that seamlessly connects to a superb undercover entertainment balcony that showcases a panoramic uninterrupted vista. The gourmet kitchen impresses with high-end Smeg appliances, stone benchtops and sleek cabinetry, while a chic designer bathroom exudes contemporary elegance. A well-appointed bedroom serves as a peaceful retreat with its mirrored built-in robes providing ample storage and ceiling fan affording the utmost comfort. There’s also a laundry area, split-system heating and cooling, intercom security plus easy lift access and a basement car parking space on title.

NOTE: Photos in this advertisement are of an identical furnished apartment on the 6th floor.

Property History for 507/7 King St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$347,500
06 Jun 2025
Listed for Rent
$410/w
16 Dec 2022
  • 06 Jun 2025
    Sold for $347,500
  • 22 May 2025
    Listed for Sale $343,000
  • 05 Mar 2024
    Transferred
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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 10,914 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 36 properties listed for sale, and 17 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 617 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Simon Shrimpton
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Jellis Craig Fitzroy
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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.