320/42 Porter Street, Prahran, VIC 3181 sold on 22 April 2025 | OnTheHouse
 
SOLD
Sold on 22 Apr 2025 for $139,000

320/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 935m2
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Property Details for 320/42 Porter St, Prahran

320/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 935m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 1 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
68m2
Land Size
935m2
Local Government
Stonnington
Lot/Plan
320/PS632276

Last Listing description (November 2024)

The Phone Code for this property is: 80456. Please quote this number when phoning or texting.

This studio can be rented out year-round to students, offering a hassle-free income. Currently renting for $1,238 per month, it features low body corporate fees of only $1,982 per annum, making it an ideal investment opportunity.

This furnished, cozy student apartment rental unit in Prahran is perfect for those looking for an affordable yet convenient living investment. The unit features a bright and homely atmosphere, ensuring it remains an attractive rental. Close to public transport, shops, cafes, restaurants, supermarkets, parks, and amenities, this location is ideal for students.

Situated near the corner of Greville Street and less than 5 minutes from Chapel Street and the Prahran Market, you'll be in the heart of one of Melbourne's most vibrant areas, with easy access to trams and Prahran Station just 100m away.

The unit boasts the following features:
- A bathroom with built-in storage shelving
- Studio living
- Kitchen equipped with an electric cooktop, microwave, and fridge
- A study desk in the bedroom, perfect for students
- A private balcony for outdoor relaxation
- Communal laundry facilities onsite - Secure entrance for peace of mind
- Lift access to all levels for convenience

With its proximity to educational institutions, public transport, and vibrant lifestyle options, this property ensures a steady stream of potential tenants.

Rented out until January 2025 with the option to continue the contract.

Don't miss out on this effortless investment dream!

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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Property History for 320/42 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$139,000
22 Apr 2025
Listed for Rent
$270/w
10 Feb 2023
  • 22 Apr 2025
    Sold for $139,000
  • 11 Jun 2024
    Listed for Sale $140,000
  • 10 Feb 2023
    Listed for Rent $270 / week
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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.
There are currently 33 properties listed for sale, and 17 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 625 properties were sold in the past 12 months in Prahran.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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