501/59 Porter Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

501/59 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 339m2
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Property Details for 501/59 Porter St, Prahran

501/59 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a land size of 339m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
2016
Floor Size
40m2
Land Size
339m2
Local Government
Stonnington
Lot/Plan
501/PS728507

Last Listing description (May 2020)

Phone enquiries - please quote property ID 23775

Bright, light spacious luxury 1BR modern apartment in the architecturally designed Vox Apartments, situated in the heart of bustling foodie haven, Prahran. Situated on the 5th floor, the apartment boasts high ceilings, an open plan kitchen living area opening out to a terrace with uninterrupted 180 degree city views, and is a delight to wake up in every morning.

The apartment, Vox Sky, has a coveted Airbnb Plus (5 star) accreditation, given only to the most luxurious properties on Airbnb, putting this listing ahead of the competition, with results that speak for themselves. The property is booked all year round, netting av $25-30K p/a. It is a favorite for travelers and return guests, who have consistently given 5 star reviews.

Its a 5 min walk to Prahran Market, famous fashion street Grattan Street and the newly developed eco community park on Cato Street. Only 50 meters from Prahran Station, and has a tram stop on your doorstep, giving you instant car free travel to the city.

The Apartment is available, fully furnished with interior designed furnishings and finishes, Bosch appliances including stainless steel fridge, dishwasher, oven, gas cooktop and storage cage.

This is a rare opportunity for investors to enter the lucrative high netting Airbnb market and comes as is with full time Airbnb property manager, regular cleaners and built in instant ROI, with minimal effort.

Alternately, this is an ideal designer home for first time home buyer ready to go, without the luxury price tag.

Features include:

-Unbeatable location - close to Prahran Market, Grattan Street and Cato Park
-Open plan kitchen with all modern amenities, Bosch oven, dishwasher and cooktop, Fisher & ---Paykel fridge
-Large terrace opening out to 180 uninterrupted city views, with dramatic screens to give shade in summer
-Designer chandelier with track and Pendant lighting
-Concrete almost 3M high ceilings
-1 Master Bedroom with built in robes
-Building recently upgraded with high speed 100mb broadband
-Black coated steel bathroom fittings, and shower fitted with large rain showerhead
-European laundry
-Reverse cycle ducted AC throughout
-Intercom
-1M x 2M storage cage
-50 M from Prahran Station / 10 M to Tram Stop

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Property History for 501/59 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$409,500
12 Feb 2020
  • 12 Feb 2020
    Sold for $409,500
  • 03 Feb 2020
    Listed for Sale Under Offer
  • 12 Aug 2014
    Sold for $390,000
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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 26 properties listed for sale, and 16 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 632 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.