503/7 Carlton Street

Off Market

503/7 Carlton Street

Prahran VIC 3181

Apartment

Michel Swainson, last sold this property on 13 August 2026 after 105 days on market.

Overview

Fifth-Floor Living, First-Class Location

Positioned on the fifth floor of the sought-after Carlton Apartments, this stylish and sophisticated two-bedroom, two-bathroom residence places you right in the middle of one of Melbourne's best lifestyle precincts with an elevated outlook that gives you the best of Prahran on your doorstep. Floor-to-ceiling glazing fills the open-plan living and dining area with abundant natural light, while timber flooring, considered finishes and split-system heating and cooling keep life comfortable and effortless. The spacious terrace is a genuine extension of the living space, offering ample room to relax or entertain against unobstructed panoramic views across heritage rooftops and beyond. The sleek kitchen is well-appointed with SMEG stainless steel appliances, including a gas cooktop, electric oven and integrated dishwasher, complemented by stone benchtops, a subway tile splashback and refined dark-toned cabinetry. Two well-proportioned bedrooms each offer built-in robes, the main suite including a private ensuite and direct balcony access, while the second bedroom works equally well as a guest room or study. The bathrooms are beautifully finished with striking matte-black fixtures, frameless glass showers, and mirrored cabinetry, complemented by a chic white-tiled backdrop. European laundry facilities, intercom entry, a secure basement car space and storage cage complete the offering. Location is where this apartment truly excels. Chapel Street is right outside your door with its ever-evolving restaurants, bars and boutiques. Prahran Market, Hawksburn Village, Greville Street and Prahran Central are all a short walk, while Princes Gardens and the Prahran Aquatic Centre provide easy access to green space and recreation. Prahran Station and trams along Chapel Street and Commercial Road connect you to the CBD in minutes. A smart, well-finished apartment in a location that speaks for itself. Ideal as an urban lifestyle base, a considered downsizing option or a high-performing investment.

Features

2 bedrooms

2 bathrooms

1 carspace

1 open car space

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Prahran over the last 12 months, the estimated median property value of 503/7 Carlton Street is $628k.

Median value

$628k

Estimated value range

$465k - $1.12m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Prahran. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 503/7 Carlton Street

2026

Sold

Undisclosed

13 Aug 2026 by Michel Swainson, of Belle Property Armadale

2025

Rented

Undisclosed

Leased on 11 Feb 2025 by MRE

Happy sellers in Prahran

78%

78% of sellers in Prahran reported that their sale price either exceeded or met their price expectations.

Prahran stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Prahran over the last 12 months.

Local market activity for 2 bedroom apartments in Prahran

In the last 12 months, 134 two-bedroom apartments similar to 503/7 Carlton Street, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Prahran for a free market appraisal.

Lauchlan Waterfield

at Belle Property Armadale

4.9

(589 reviews)

Get a free market appraisal

Alex Wright

at MRE

(20 reviews)

Get a free market appraisal

James Annett

at Belle Property Armadale

4.9

(208 reviews)

Get a free market appraisal

Walter Summons

at Belle Property Armadale

4.9

(278 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Prahran

Lauchlan Waterfield

Lauchlan Waterfield is an award winning recommended agent for Prahran. They have 33 local sales and collected 12 local reviews across the last 12 months.