414/42 Porter StreetPrahran VIC 3181
Property Details for 414/42 Porter St, Prahran
414/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit with 1 parking spaces 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 August 2024.
Last Listing description (August 2024)
A sleek and sophisticated student residence with a thriving Chapel Street lifestyle edge, this highly efficient and single bedroom apartment is a peacefully positioned blue chip investment in one of Melbournes premier lifestyle locations. Merely metres from Chapel Street and its Greville Street intersection, as well as Melbourne Polytechnics popular Prahran Campus, this tightly-held apartment is a lifestyle sensation with impeccable investment credentials that are impossible to ignore.
With minimal fuss and plenty of northern light, the apartment flows effortlessly to a living room with a durable and contemporary galley-style kitchen and easy connection to a terrace that basks in sunshine. Meanwhile, the bathroom has been attractively tiled and wall panel heating offers an ambient sense of warmth.
Right in the heart of a remarkable diversity of some of Melbournes most popular cafes, restaurants and bars, the apartment is also central to all modes of public transport as well as Prahran Market and Prahran Aquatic Centre.
North-facing apartment with a sunny terrace.
Sweeping views to the north and the towers of the CBD.
A highly efficient, single bedroom floorplan.
Secure intercom entry.
Elevator access.
Communal laundry.
Wall-panel heating for year-round ambience.
Terrific local cafes, dining, bars and nightlife.
Walk to all the action on Chapel Street, Greville Street and Commercial Road.
Multiple trams routes take you in all directions.
Easy city commuting via Prahran Railway Station.
Plenty of shopping including Prahran Market.
Great parkland and Prahran Aquatic Centre nearby.
Excellent occupancy rates and durable returns.
Terms: 10% deposit, balance 30/60/90 days negotiable
Property History for 414/42 Porter St, Prahran, VIC 3181
- 06 Aug 2024Sold for $122,000
- 01 Jul 2024Listed for Sale $125,000 - $135,000
- 24 Jul 2023Listed for Rent $280 / 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 10,920 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:
- The median value for Houses in Prahran is $1,584,132 while the median value for Units is $549,998.
- Houses have a median rent of $920 while Units have a median rent of $575.
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