508/42 Porter Street, Prahran, VIC 3181 | Apartment for sale | OnTheHouse
 
FOR SALE
$159,900

508/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 20m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

CASH FLOW RETURN $17,472 CIRCA 11%

Student Accommodation Only – 5th Floor with Light & Views
Recently updated with brand-new timber flooring and fresh paint, this fifth-floor apartment offers natural light and expansive views across the surrounding suburbs.
Designed specifically for student living, it includes:
Fully equipped kitchen with gas cooktop, microwave, dishwasher, and ample storage
Open-plan living area with elevated outlooks
Single bedroom with built-in robe and shelving
Modern bathroom with contemporary fittings
Secure building with communal laundry facilities
The location provides outstanding convenience for students:
Less than 5 minutes’ walk to Melbourne Polytechnic and Prahran Station (direct trains to CBD universities)
See MoreView Statement of Information

Property Details for 508/42 Porter St, Prahran

508/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 20m2. The place is currently for sale with Scott Banks.

Building Type
Apartment
Land Size
20m2
Commute Calculator

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 -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 18 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 621 properties were sold in the past 12 months in Prahran.

Prahran Profile Page

Suburb Insights for Prahran 3181

Visit Prahran profile page
Market Insights
Prahran Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Prahran Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Prahran profile page
Contact agent
agent headshot
Scott Banks
Show contact details
Call agent
Scott Banks
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED