512/87 High StreetPrahran VIC 3181
Property Details for 512/87 High St, Prahran
512/87 High St, Prahran is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.
Last Listing description (March 2026)
Beautifully designed and superbly finished, this one-bedroom apartment offers modern comfort and lifestyle convenience just minutes from Chapel Street, Prahran Station, and a vibrant array of Melbourne’s best cafés, restaurants, and amenities.
The spacious bedroom features mirrored built-in robes, while the sleek kitchen is equipped with a gas cooktop and dishwasher.
An open-plan living and dining area flows seamlessly onto a large balcony showcasing impressive views of the Melbourne CBD.
The contemporary bathroom includes an oversized shower and integrated laundry facilities, and split-system heating and cooling ensure year-round comfort.
Additional features include a large storage cage, along with secure video intercom access within the building.
Outgoings:
Owners Corporation: $733.13 per quarter approx.
Council Rates: $204.65 per quarter approx.
Water Rates: $176.08 per quarter approx.
Month to month lease in place paying $470 per week.
Perfectly positioned, this apartment presents an excellent opportunity for those seeking a low-maintenance home or a smart investment in one of Melbourne’s most dynamic lifestyle locations.
Property History for 512/87 High St, Prahran, VIC 3181
- 26 Mar 2026Sold for $335,000
- 12 Feb 2026Listed for Sale $320,000 - $350,000
- 07 May 2024Listed for Rent $460 / week
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 10,920 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:
- The median value for Houses in Prahran is $1,584,132 while the median value for Units is $549,998.
- Houses have a median rent of $920 while Units have a median rent of $575.
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