1/8 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 866m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Secure this contemporary investment with potential rental income of $300/week!
With Prahrans shops, cafes, restaurants and public transport links all just steps from your front door, its hard to imagine a more convenient and sought-after location than 8 Porter Street. This one-bedroom, one-bathroom apartment is set within a student-only accommodation building and is sure to attract a wide range of savvy buyers.
The layout is light-filled, functional and comfortable with an open-plan kitchen, living and dining space. The bedroom is a great size and opens directly to the covered balcony while a well-appointed bathroom is set just off the living space. Residents also enjoy access to a communal onsite laundry, lift access to all levels, a secure entrance, WiFi and secure parking for rent.
Chapel Street, supermarkets and parks are all within easy reach as are tram stops, Prahran station and the Melbourne Polytechnic - Prahran campus. Adding even further appeal, this impressive property is located just 20 minutes from the bright lights of the world-renowned Melbourne CBD.
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 11,107 properties. Over the last 5 years, Houses in Prahran have seen a -19.55% decrease in median value, while Units have seen a -1.23% decrease. As at 31 August 2026:
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