9/42 Porter Street, Prahran, VIC 3181 | Unit for sale | OnTheHouse
FOR SALE
$150K

9/42 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 modern student accommodation apartment in the heart of Prahran, ideally positioned close to public transport, lifestyle amenities and leading educational institutions.
Currently leased at $320 per week ($1,390 per calendar month) until 16 February 2027, this property offers immediate rental income and long-term investment security.
Designed for low-maintenance student living, the apartment features a smart and functional layout with contemporary finishes throughout. The property includes a private bedroom area, modern ensuite bathroom, practical kitchenette with gas cooking, and comfortable study/living space.
Property features include:
Secure lease in place until 16/02/2027
Rental income of $320 per week for 2026
Projected rent of $340 per week for 2027
Purpose-built student accommodation
Modern kitchenette with gas cooktop
Brand few bar fridge
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Property Details for 9/42 Porter St, Prahran

9/42 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 11,116 properties. Over the last 5 years, Houses in Prahran have seen a -8.85% decrease in median value, while Units have seen a -2.97% decrease. As at 31 May 2026:

  • The median value for Houses in Prahran is $1,625,656 while the median value for Units is $537,811.
  • Houses have a median rent of $920 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, 602 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Rosa Chik
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Viva Property
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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.