312/32-34 St Edmonds RoadPrahran VIC 3181
Property Details for 312/32-34 St Edmonds Rd, Prahran
312/32-34 St Edmonds Rd, Prahran is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.
Last Listing description (December 2025)
This furnished student-only unit offers an outstanding investment opportunity in the heart of Prahran, delivering a gross yield of over 12% at the top of the selling range. Securely leased at $1,369 per calendar month until February 2026, this is a strong performing asset with reliable rental income from day one.
Purpose-built for student living, the apartment is light-filled and practical, featuring a combined living and bedroom area, meals area, private bathroom, kitchenette, study desk and juliette balcony. The building provides lift access, a communal laundry, bike storage and optional car stacker spaces for rent.
Perfectly positioned just moments from Melbourne Polytechnic, Prahran Station, and the lively Chapel Street precinct, students enjoy effortless access to cafes, shops, restaurants, and the Melbourne CBD.
This is a set-and-forget investment in one of Melbourne’s most popular student accommodation hubs, offering both affordability and impressive returns.
Key Features:
- Purpose-built student accommodation
- Leased at $1,369 per calendar month until Feb 2026
- Fully furnished studio with kitchenette and bathroom
- Secure building with lift access and intercom entry
- Communal laundry and bike storage
- Optional car stacker spaces for rent
- Prime location near Chapel Street, Prahran Station & Melbourne Polytechnic
- Gross yield approx. 12% | Nett yield approx. 8–9%
Whether you’re expanding your portfolio or entering the investment market for the first time, this Prahran unit is a secure, hassle-free income earner in a blue-chip location.
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Disclaimer: Images are digitally edited and contain styled furniture for display purposes only.
We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria
Property History for 312/32-34 St Edmonds Rd, Prahran, VIC 3181
- 03 Dec 2025Sold
- 12 Nov 2025Listed for Sale UNDER OFFER
- 04 Oct 2024Listed for Rent $315 / 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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