205/1-5 Donald Street, Prahran, VIC 3181 | Studio for sale | OnTheHouse
 
FOR SALE
$150,000 to $165,000

205/1-5 Donald Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Smart Investment in Prime Student Locale - Bigger, North Facing, Stunning Outlook

Positioned just minutes from iconic Chapel Street, this spacious and fully furnished apartment presents a rare chance to secure a high-performing investment in a blue-chip lifestyle location. With full amenities and excellent walkability, this property offers consistent rental appeal and strong yield potential. This property is larger than the average that includes a balcony that has an excellent outlook.
The efficient layout includes a bedroom zone, living area, stylish private bathroom, and kitchenette with gas cooking. Furnished with a bed, study desk, shelving, fridge, microwave, and TV, it's a complete turn-key offering for investors. The complex also features secure intercom entry, communal laundry, bike storage, and optional on-site car parking.
Location is a major drawcard: just a 5-minute walk to Swinburne's Prahran campus, Prahran Station, and St Kilda Road trams-placing the CBD only 15 minutes away. A premium inner-urban setting, strong rental performance, and solid capital growth prospects make this a smart addition to any portfolio.
Features Include;
* Security entrance
* Single bed
* Full kitchen
* Gas cooking
* Split system heating and cooling
* Sparkling Bathroom
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Property Details for 205/1-5 Donald St, Prahran

205/1-5 Donald St, Prahran is a 1 bedroom, 1 bathroom Studio. The place is currently for sale with G & H Property Group.

Building Type
Studio
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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 36 properties listed for sale, and 15 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 620 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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