205/1 Donald St, Prahran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1938. The property has a land size of 1035m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in August 2013.
Positioned just minutes from iconic Chapel Street, this spacious and fully furnished apartment presents a rare chance to secure a high-performing investment in a blue-chip lifestyle location. With full amenities and excellent walkability, this property offers consistent rental appeal and strong yield potential. This property is larger than the average that includes a balcony that has an excellent outlook.
The efficient layout includes a bedroom zone, living area, stylish private bathroom, and kitchenette with gas cooking. Furnished with a bed, study desk, shelving, fridge, microwave, and TV, it's a complete turn-key offering for investors. The complex also features secure intercom entry, communal laundry, bike storage, and optional on-site car parking.
Location is a major drawcard: just a 5-minute walk to Swinburne's Prahran campus, Prahran Station, and St Kilda Road trams-placing the CBD only 15 minutes away. A premium inner-urban setting, strong rental performance, and solid capital growth prospects make this a smart addition to any portfolio.
Features Include;
* Security entrance
* Single bed
* Full kitchen
* Gas cooking
* Split system heating and cooling
* Sparkling Bathroom
* Communal Laundry
* Communal lounge
* Bicycle storage
Act now-this high-demand investment won't stay for long!
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 10,920 properties. Over the last 5 years, Houses in Prahran have seen a -9.89% decrease in median value, while Units have seen a 1.31% increase. As at 31 March 2026:
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