507/87 High StreetPrahran VIC 3181
Property Details for 507/87 High St, Prahran
507/87 High St, Prahran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 2655m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2026)
Positioned in the heart of the vibrant Chapel Street precinct, this sleek and light-filled one-bedroom apartment presents an outstanding rental opportunity in one of Melbourne's most sought-after inner-urban locations. Set on the fifth floor, the well-proportioned layout enjoys abundant natural light and opens to a generous balcony.
The spacious bedroom includes built-in robes, while the sleek kitchen features a gas cooktop and drawer dishwasher. An open-plan living and dining area, features split-system heating and cooling ensuring year-round comfort. The lounge area flows seamlessly to the balcony, complemented by stylish floorboards throughout, creating a warm and contemporary feel.
Beautifully designed and superbly finished, the apartment offers modern comfort and lifestyle convenience just minutes from Chapel Street, Prahran Station, and a vibrant selection of cafs, restaurants, and amenities. Perfect balance of lifestyle and convenience, with trams at your doorstep and easy access to the CBD via Prahran Station.
You don't want to miss this opportunity!
Please note: This property is not furnished but a bed frame, kitchen island bench & refrigerator is included
Property History for 507/87 High St, Prahran, VIC 3181
- 28 Apr 2026Listed for Rent $575 / week
- 30 Apr 2023Sold for $347,500
- 07 Jul 2011Sold for $450,000
Recent sales nearby
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About Prahran 3181
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 11,113 properties. Over the last 5 years, Houses in Prahran have seen a -8.85% decrease in median value, while Units have seen a -2.97% decrease. As at 31 May 2026:
- The median value for Houses in Prahran is $1,625,656 while the median value for Units is $537,811.
- Houses have a median rent of $920 while Units have a median rent of $580.
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