5/16 Porter Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

5/16 Porter Street
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 135m2
Land area: 2220m2
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Last updated 13 Apr 2026
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Property Details for 5/16 Porter St, Prahran

5/16 Porter St, Prahran is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 2220m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2019
Floor Size
135m2
Land Size
2220m2
Local Government
Stonnington
Lot/Plan
5/PS749415

Last Listing description (March 2025)

This beautifully presented two-bedroom ground floor apartment offers a perfect blend of modern living and outdoor space, located in the heart of Prahran. The open-plan living area features timber flooring throughout, creating a warm and inviting atmosphere. The spacious lounge opens out to a massive private courtyard, beautifully surrounded by greenery, offering an ideal space for outdoor relaxation and entertaining. The living area also includes a designated space for both a lounge suite and a dining table, with split system heating and cooling ensuring comfort year-round.

The well-appointed kitchen is designed with functionality and style in mind, featuring a large breakfast bench, integrated gas cooktop, electric oven, and a dishwasher. Whether you're cooking a simple meal or hosting guests, this kitchen has everything you need.

Both bedrooms are generously sized, each with ample space for queen-sized beds and built-in robes for added storage. The second bedroom also features a built-in study space, offering flexibility for home office use. The master bedroom is a true retreat, complete with an ensuite bathroom and direct access to the private courtyard.

Residents can enjoy the stunning rooftop BBQ area, which offers city views - the perfect place to unwind and entertain while taking in the scenery.

Ideally located, this apartment is just moments from Prahran Train Station, offering quick and easy access to Melbourne's CBD. Chapel Street, with its array of shops, cafes, and restaurants, is also within walking distance, providing a dynamic lifestyle just outside your door.

Don't miss the opportunity to live in this exceptional apartment in one of Melbourne's most sought-after locations.Booking an inspection is easy!

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Property History for 5/16 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$817,500
24 Nov 2022
Listed for Rent
$850/w
07 Mar 2025
  • 26 Feb 2025
    Listed for Rent $850 / week
  • 24 Nov 2022
    Sold for $817,500
  • 27 Oct 2022
    Listed for Sale Contact Agent
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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.
There are currently 27 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 631 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Cotality Copyright and Legal Disclaimers about Property Data
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.