123/42 Porter StreetPrahran VIC 3181
Property Details for 123/42 Porter St, Prahran
123/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.
Last Listing description (July 2025)
An exceptional opportunity awaits with this well-maintained 1-bedroom student apartment, complete with a secure basement car park on title—a true rarity in this segment. Ideal for investors seeking reliable returns in a high-demand location, this property is ready to deliver from day one.
Fresh new carpets and a newly upgraded kitchen benchtop offer a refreshed interior that tenants will appreciate, while the practical floorplan ensures maximum use of space.
Property highlights:
- Estimated Weekly Rent: $360 per week
- 1 bedroom, 1 bathroom, 1 secure car park
- Refreshed interiors including new carpet and Kitchen benchtop
- Modern kitchen with gas cooktop, stainless steel appliances, and plenty of storage
-Comfortable bedroom with built-in robe
- Secure access with bike storage and laundry facilities
- Only 1-minute walk to Prahran Railway Station
Estimated Annual Outgoings:
- Strata Fees: $2170;
-Council Rates: $572;
- Water Rates: $650.00
Premium location for students and tenants alike:
Only a short walk to Prahran Station, with direct train access to Melbourne’s major universities and CBD campuses. Positioned moments from Chapel Street, Greville Street, and a huge array of dining, shopping, and entertainment options—this location ticks every box for student living.
***DISCLAIMER: Virtual furnitures used in this advertisement is for illustration purposes only.***
Property History for 123/42 Porter St, Prahran, VIC 3181
- 27 Jun 2025Sold for $180,000
- 19 Jun 2025Listed for Sale UNDER OFFER!
- 14 Dec 2020Listed for Rent $260 / week
Recent sales nearby
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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 10,913 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.
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