704/7 King St, Prahran is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 1112m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
The vibrancy of the top floor spaces and the vitality of its location form a fabulous combination that ensures this designer apartment's lifestyle appeal is matched by the opportunity to lock in reliable investment returns. A security entrance and striking architectural lines provide a pleasing introduction to great spaces including an elegant hall that efficiently incorporates a Smeg and Caesarstone kitchen featuring an integrated fridge. A living/dining area of appealing proportions opens to a balcony that take in some of Chapel Street's most beautiful period buildings and capture the energy of such a consistently sought after precinct. A main bedroom with a clever study zone, built in robes and ensuite delivers ideal accommodation, complemented by a central second bedroom and an additional bathroom. Allocated car space, storage cage and a superb communal terrace with dual barbeques provide further appeal, moments from Prahran station, Greville Street and Princes Gardens.
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 11,117 properties. Over the last 5 years, Houses in Prahran have seen a -14.33% decrease in median value, while Units have seen a -2.26% decrease. As at 30 June 2026:
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