704/7 King Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

704/7 King Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 59m2
Land area: 1112m2
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Property Details for 704/7 King St, Prahran

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.

Building Type
Unit
Year Built
2012
Floor Size
59m2
Land Size
1112m2
Local Government
Stonnington
Lot/Plan
704/PS634211

Last Listing description (November 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.

Property History for 704/7 King St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$525,000
21 Aug 2017
Listed for Rent
$450/w
19 Dec 2014
  • 21 Aug 2017
    Sold for $525,000
  • 30 May 2017
    Listed for Sale Contact Agent
  • 19 Dec 2014
    Listed for Rent - Price not available
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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 11,117 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:

  • The median value for Houses in Prahran is $1,578,483 while the median value for Units is $543,695.
  • Houses have a median rent of $920 while Units have a median rent of $585.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 597 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Cotality Copyright and Legal Disclaimers about Property Data
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.