502/59 Porter Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

502/59 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 339m2
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Property Details for 502/59 Porter St, Prahran

502/59 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 72m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2016
Floor Size
72m2
Land Size
339m2
Local Government
Stonnington
Lot/Plan
502/PS728507

Last Listing description (October 2021)

Uninterrupted views of the stunning city skyline, this super-stylish apartment sets the bar high for luxury living and investment in Prahran.

Enjoying an easy-care layout with wonderful flow from front to rear. Bosch appliances including dishwasher, oven, gas cooktop working perfectly with the decor of the living space. The light filled lounge and dining area has reverse cycle heating and cooling and warm engineered hardwood flooring throughout. Flowing out to a spacious private balcony benefiting by 180-degree views of the Melbourne city skyline this property is premium apartment living at its best.


Commercial Rd, Fawkner Park, MCG and Rod Laver Arena, Royal Botanic Gardens, Melbourne CBD, St Kilda Rd, Albert Park Lake, Greville St, Prahran Train Station, Prahran Markets, The Emerson Toorak Rd and the Chapel St precinct which is world renowned for its diverse range of high end fashion, cafe culture and speciality stores all within close proximity!

Property History for 502/59 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$350,000
12 Nov 2020
Listed for Rent
$325/w
20 Oct 2021
  • 01 Aug 2021
    Listed for Rent $325 / week
  • 31 Dec 2020
    Listed for Rent $350 / week
  • 12 Nov 2020
    Sold for $350,000
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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 27 properties listed for sale, and 18 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.