203/32-34 St Edmonds Road, Prahran, VIC 3181 | Apartment for sale | OnTheHouse
 
FOR SALE
$120,000 to $132,000

203/32-34 St Edmonds Road
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Bright, Fully Furnished Student Pad with Proven Rental Appeal

Strategically located in the heart of Prahran, this purpose-built apartment presents a smart and affordable investment opportunity with strong rental appeal. Apartment 203 is just minutes from Swinburne Prahran and Melbourne Polytechnic, ensuring a steady stream of student demand year-round. With its close proximity to public transport, major tertiary institutions, and the bustling Chapel Street precinct, it offers both high occupancy potential and consistent returns.
The apartment features a fully furnished layout with a separate bedroom and living area-rare for student accommodation-plus a stylish bathroom and modern kitchen equipped with gas cooking. All essential furnishings are included, such as a study desk, bed, microwave, fridge, TV, and heating, making it truly turn-key for investors and tenants alike.
The secure building includes lift access, intercom entry, CCTV in common areas, a communal laundry, bike storage, and optional basement parking via car stacker. Just steps from Prahran Station and tram lines, students enjoy fast access to city campuses and the Melbourne CBD. With location, demand, and low maintenance all working in your favour, Apartment 203 is a hassle-free addition to any investment portfolio.
Features Include:
* Fully furnished with bed, desk, TV, fridge & microwave
* Gas cooking
* Secure intercom entry and CCTV surveillance
* Communal laundry and optional basement parking
* Walk to Chapel Street, Melbourne Polytechnic & Prahran Station
Opportunities like this are rare-secure a high-demand, low-maintenance investment in one of Melbourne's most sought-after student precincts!
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Property Details for 203/32-34 St Edmonds Rd, Prahran

203/32-34 St Edmonds Rd, Prahran is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with G & H Property Group.

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Apartment
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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 10,914 properties. Over the last 5 years, Houses in Prahran have seen a -8.01% decrease in median value, while Units have seen a 6.77% increase. As at 30 November 2025:

  • The median value for Houses in Prahran is $1,471,621 while the median value for Units is $548,087.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 37 properties listed for sale, and 16 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 617 properties were sold in the past 12 months in Prahran.

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Gavin Zeitz
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Luke Carlson
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G & H Property Group
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