514/42 Porter Street, Prahran, VIC 3181 | Studio for rent | OnTheHouse
FOR RENT
$395 Per Week

514/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Available From
Thursday 4 June 2026| Bond $1,716
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STUDENT ACCOMMODATION ONLY · MASSIVE BALCONY · CITY VIEWS

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
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Property Details for 514/42 Porter St, Prahran

514/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Studio. The place is currently for rent with Scott Banks Real Estate Group.

Building Type
Studio
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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 11,115 properties. Over the last 5 years, Houses in Prahran have seen a -12.51% decrease in median value, while Units have seen a -0.42% decrease. As at 30 April 2026:

  • The median value for Houses in Prahran is $1,578,225 while the median value for Units is $543,956.
  • Houses have a median rent of $900 while Units have a median rent of $580.
There are currently 28 properties listed for sale, and 18 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 607 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Gina Mathioulakis
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Scott Banks
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Scott Banks Real Estate Group
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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.