208/42 Porter Street, Prahran, VIC 3181 sold on 17 May 2025 | OnTheHouse
SOLD
Sold on 17 May 2025 for $131,000

208/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 208/42 Porter St, Prahran

208/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Studio. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Studio sold in Prahran in the last 12 months.

Building Type
Studio

Last Listing description (May 2025)

Discover the perfect blend of secure returns and modern student living with Apartment 208 at 42 Porter Street, Prahran. This fully furnished apartment offers a fantastic investment opportunity, currently leased at $17,208 annually until 21st January 2026.

Key Features:

Modern Furnishings: Step into a fully furnished apartment with contemporary decor designed to provide students a cozy and productive environment.

Spacious Layout: This one-bedroom apartment offers a well-thought-out floor plan featuring a comfortable living area, a study nook, and ample storage space.

Fully Equipped Kitchen: Enjoy the convenience of a kitchenette equipped with essential appliances, including a fridge, microwave, and cooktop.

Private Bathroom: The apartment boasts a sleek, modern bathroom, providing privacy and comfort.

Natural Light: Large windows flood the apartment with natural light, creating a bright and inviting atmosphere.

High-Speed Internet: Stay connected with high-speed internet, making it easy for students to study and stay in touch with friends and family.

Security and Support: The building offers secure access, CCTV, ensuring a safe and supportive living environment.

Building Amenities:
Study Areas: Dedicated study zones and quiet spaces for focused learning.
Common Areas: Socialize and relax in communal lounges and entertainment areas.
Laundry Facilities: Convenient on-site laundry facilities make life easier.
Bicycle Storage: Secure bicycle storage for those who prefer eco-friendly commuting.
Prime Location: Situated in the heart of Prahran, 42 Porter Street offers unparalleled access to public transport, shopping, dining, and entertainment options. Just a short walk from educational institutions, including Prahran College, this location is perfect for students seeking a vibrant and connected lifestyle.

Leased Investment:
Apartment 208 is currently leased, offering a secure and steady rental income. With high demand for student accommodation in this prime location, this property promises attractive returns and long-term rental growth potential.

Contact Us Today:
Don’t miss out on this exceptional investment opportunity. Contact us today to arrange a private viewing of Apartment 208 at 42 Porter Street, Prahran, and secure your investment in a high-demand student accommodation market.

Property History for 208/42 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$131,000
17 May 2025
Listed for Rent
$250/w
25 Jan 2023
  • 14 May 2025
    Sold for $131,000
  • 14 Nov 2024
    Listed for Sale $150,000
  • 24 Jul 2024
    Listed for Sale $150,000
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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 10,915 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.
There are currently 36 properties listed for sale, and 18 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 616 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Scott Banks
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Cotality Copyright and Legal Disclaimers about Property Data
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.