43 Porter StreetPrahran VIC 3181
Property Details for 43 Porter St, Prahran
Last Listing description (January 2018)
Colliers International are pleased to present a rare opportunity to acquire a well located, boutique sized permitted development site with plans by well renowned architect, Elenberg Fraser. 43 Porter Street Prahran is an offering like no other and is sure to be transformed into the area s next successful project in no time.
Key highlights of this tremendous site are:
Permitted development over 7 levels with plans by renowned architect Elenberg Fraser
Site area of approx. 508m
Holding income of approx. $56,000 per annum
Potential to reconfigure plans to deliver serviced apartments/hotel (STCA)
Highly sought after inner suburban location
Situated with immediate access to Greville Street, Chapel Street and Prahran Train Station
Surrounding median house price of approximately $1,500,000
Plethora of surrounding schools, parklands and retail amenity
4 kilometres from the CBD
Ben Baines 0438 328 407
Jeremy Gruzewski 0422 211 021
Bryson Cameron 0434 608 316
Property History for 43 Porter St, Prahran, VIC 3181
- 20 Oct 2023Sold for $4,500,000
- 06 Jun 2017Listed for Sale EOI Closed
- 22 Feb 2013Listed for Rent - Price not available
Recent sales nearby
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0About 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 10,924 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.
Suburb Insights for Prahran 3181
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