514/42 Porter StreetPrahran VIC 3181
Property Details for 514/42 Porter St, Prahran
514/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 935m2 and floor size of 20m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (February 2026)
Available now
Positioned on the fifth floor and filled with natural light, this freshly updated student accommodation apartment offers an exceptional inner-city living environment, highlighted by a rare, oversized private balcony with sweeping city views.
Recently refreshed with new timber floorboards, fresh paint, and new furniture, the apartment is presented in excellent condition and ready for immediate occupancy.
Apartment Features:
Student accommodation only occupants must be enrolled students
Fifth-floor position with excellent natural light
Huge private balcony with impressive city skyline views
New timber floorboards throughout
Freshly painted interiors
New furniture included for immediate, turnkey living
Lift-up double bed with ample storage underneath
Small washing machine in the studio for personal use
Open-plan living and dining area flowing directly to the balcony
Functional kitchen with gas cooktop and stainless-steel appliances
Comfortable bedroom with built-in robe and shelving
Modern bathroom with practical storage
Secure building with lift access
Communal laundry facilities and bike storage on the ground floor
Prime Student Location:
Ideally located in the heart of Prahran, just moments from Prahran Station, providing direct access to the CBD and major university campuses. Enjoy the lifestyle convenience of Chapel Street and Greville Street, with cafs, restaurants, supermarkets, and entertainment all within walking distance.
Why This Apartment Stands Out:
Student apartments with balconies of this size and city views are extremely rare. Combined with recent upgrades, furnishings, and a premium inner-city location, this is a standout student living opportunity.
Available now.
Please note: This apartment is student accommodation only. Applicants must provide proof of current enrolment as part of the application process.
Property History for 514/42 Porter St, Prahran, VIC 3181
- 22 Jan 2026Listed for Rent $395 / week
- 18 Jul 2024Sold for $155,000
- 16 Apr 2024Listed for Sale $169,000
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 10,915 properties. Over the last 5 years, Houses in Prahran have seen a 5.90% increase in median value, while Units have seen a 8.76% increase. As at 31 January 2026:
- The median value for Houses in Prahran is $1,686,435 while the median value for Units is $551,023.
- Houses have a median rent of $780 while Units have a median rent of $560.
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