312/32-34 St Edmonds Road, Prahran, VIC 3181 | Apartment for sale | OnTheHouse
 
FOR SALE
UNDER OFFER

312/32-34 St Edmonds Road
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Student Investment with Solid Returns in Prime Prahran Position

This furnished student-only unit offers an outstanding investment opportunity in the heart of Prahran, delivering a gross yield of over 12% at the top of the selling range. Securely leased at $1,369 per calendar month until February 2026, this is a strong performing asset with reliable rental income from day one.
Purpose-built for student living, the apartment is light-filled and practical, featuring a combined living and bedroom area, meals area, private bathroom, kitchenette, study desk and juliette balcony. The building provides lift access, a communal laundry, bike storage and optional car stacker spaces for rent.
Perfectly positioned just moments from Melbourne Polytechnic, Prahran Station, and the lively Chapel Street precinct, students enjoy effortless access to cafes, shops, restaurants, and the Melbourne CBD.
This is a set-and-forget investment in one of Melbourne’s most popular student accommodation hubs, offering both affordability and impressive returns.
Key Features:
- Purpose-built student accommodation
- Leased at $1,369 per calendar month until Feb 2026
- Fully furnished studio with kitchenette and bathroom
- Secure building with lift access and intercom entry
- Communal laundry and bike storage
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Property Details for 312/32-34 St Edmonds Rd, Prahran

312/32-34 St Edmonds Rd, Prahran is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Viva Property.

Building Type
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 10,915 properties. Over the last 5 years, Houses in Prahran have seen a -0.75% decrease in median value, while Units have seen a 7.37% increase. As at 31 October 2025:

  • The median value for Houses in Prahran is $1,550,929 while the median value for Units is $554,307.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 36 properties listed for sale, and 18 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 615 properties were sold in the past 12 months in Prahran.

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Zeno Kobica
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Viva Property
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