420/42 Porter StreetPrahran VIC 3181
Property Details for 420/42 Porter St, Prahran
420/42 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 March 2024.
Last Listing description (July 2026)
If you are after a unit for your child to attend uni, then this is it! Rare opportunity! All these student-only apartments are leased, with a severe shortage of quality rentals. High demand!
Buy now to avoid disappointment!
This is a special opportunity to buy a Student Accommodation investment apartment in one of Prahran's most sought after contemporary investment-grade buildings.
When it comes to real estate, location is everything and this apartment boasts one of the best addresses in the Melbourne locale. Prahran is known for its vibrant cultural ambience with some of the best dining experiences and retail hubs on offer, making this apartment a cosmopolitan delight.
For investors, this is a great way to tap into the demand for quality accommodation in this highly-prized locale. The layout is perfectly suited with an open-plan living space that opens out to a balcony. Here, students can sip their morning coffee as the neighbourhood buzzes to life or take in the views over the surrounding area as the sun sets on another fabulous day. There is a stylish kitchenette that features gas cooking, a mini-fridge, ample storage within the upper and lower cabinets and a microwave. You can also enjoy access to a beautiful all-white bathroom with a good-size shower and a vanity with storage.
Residents of this building can access a communal laundry, relish the convenience of direct lift access to your floor and the peace of mind a secure entrance offers. Car parking spaces are available for rent, but with such an incredible location you wont need it. Please note car parking is available to rent in the building for residents at a generously reduced rate.
The train station is right across the road and you are within walking distance of the Prahran Market. You can also walk to the world-class Chapel Street bursting with high-end shopping and some of the best cafes and eateries.
Call now to secure this property before it is snapped up.
NOTE - Images of this apartment include styled and staged furniture.
Property History for 420/42 Porter St, Prahran, VIC 3181
- 05 Aug 2024Listed for Rent $330 / week
- 11 Mar 2024Sold for $135,000
- 29 Feb 2024Listed for Sale UNDER OFFER
Recent sales nearby
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About Prahran 3181
The size of Prahran is approximately 1.9 square kilometres. There are 8 parks, covering nearly 6.3% of the 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 11,118 properties. Over the last 5 years, Houses in Prahran have seen a -14.33% decrease in median value, while Units have seen a -2.26% decrease. As at 30 June 2026:
- The median value for Houses in Prahran is $1,578,483 while the median value for Units is $543,695.
- Houses have a median rent of $920 while Units have a median rent of $585.
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