7/8 Porter Street, Prahran, VIC 3181 | Unit for sale | OnTheHouse
 
FOR SALE
UNDER OFFER

7/8 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Secure Student Accommodation Investment in Prime Prahran Location

An excellent opportunity to secure a low-maintenance student accommodation apartment in the heart of Prahran, ideally positioned close to public transport, Chapel Street shopping, Prahran Market and leading educational institutions.
Currently returning $355 per week ($1,543 per month), this property offers immediate rental income for investors seeking an affordable addition to their portfolio.
Designed for practical and comfortable student living, the apartment features a well-appointed kitchenette with gas cooking, open-plan bedroom/living area, built-in storage, private ensuite bathroom, and split-system heating and cooling. The layout is complemented by natural light and a private balcony area, creating a functional inner-city living environment.
Located within easy reach of Monash University Caulfield Campus, public transport options including trams and trains, and Melbourne’s renowned lifestyle precincts, this property continues to attract strong tenant demand.
Property Features:
Secure student accommodation investment
Currently leased at $355 per week
Functional kitchenette with gas cooktop
Private ensuite bathroom
Split-system heating and cooling
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Property Details for 7/8 Porter St, Prahran

7/8 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit. The place is currently for sale with Viva Property.

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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, 603 properties were sold in the past 12 months in Prahran.

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Rosa Chik
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Viva Property
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