5/1 Donald StreetPrahran VIC 3181
Property Details for 5/1 Donald St, Prahran
5/1 Donald St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 1938. The property has a land size of 1035m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (July 2026)
A modernised and charming Art Deco style student-only apartment with wide open hallways and spacious design not common in todays cookie-cutter apartments. Offering a fabulous investment opportunity with renter in place and potential rent increase to $290/week!
A stylish, and spacious, partially furnished one bedroom apartment, this complex is boasting a fantastic position in cosmopolitan Prahran with all modern conveniences.
1 Donald Street is brilliantly located only 5 minutes' walk from fashionable and funky Chapel Street and near the corner of Greville Street. Enjoy some of Melbournes best shops, boutiques, restaurants, cafes, food markets, supermarkets, and cinemas only a few minutes away.
Easily a quick 5 minutes walk to Melbourne Polytechnic - Prahran Campus. Choice of trams on High Street, Commercial Road and St Kilda Road or Prahran train station, so travel is easy and fast to city-based campuses or any other of Melbournes tertiary institutions.
Call now to secure this fabulous investment opportunity!
NOTE - Images of this apartment include styled and staged furniture.
Property History for 5/1 Donald St, Prahran, VIC 3181
- 10 Dec 2025Listed for Rent $400 / week
- 22 Nov 2024Listed for Rent $350 / week
- 16 Jul 2024Sold for $120,000
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 11,109 properties. Over the last 5 years, Houses in Prahran have seen a -19.55% decrease in median value, while Units have seen a -1.23% decrease. As at 31 August 2026:
- The median value for Houses in Prahran is $1,492,644 while the median value for Units is $552,957.
- Houses have a median rent of $900 while Units have a median rent of $595.
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