508/42 Porter Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
FOR SALE

508/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 20m2
This property is currently on the market
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Property Details for 508/42 Porter St, Prahran

508/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 20m2 and floor size of 68m2.This Property is currently listed for sale with Scott Banks

Building Type
Unit
Year Built
2012
Floor Size
68m2
Land Size
20m2
Local Government
Stonnington
Lot/Plan
508/PS632276

Last Listing description (March 2026)

Student Accommodation Only 5th Floor with Light & Views

Recently updated with brand-new timber flooring and fresh paint, this fifth-floor apartment offers natural light and expansive views across the surrounding suburbs.

Designed specifically for student living, it includes:

Fully equipped kitchen with gas cooktop, microwave, dishwasher, and ample storage

Open-plan living area with elevated outlooks

Single bedroom with built-in robe and shelving

Modern bathroom with contemporary fittings

Secure building with communal laundry facilities

The location provides outstanding convenience for students:

Less than 5 minutes walk to Melbourne Polytechnic and Prahran Station (direct trains to CBD universities)

Around 10 minutes walk to Swinburne University

Close proximity to supermarkets, cafs, restaurants, and the Chapel Street retail precinct

With excellent access to public transport, universities, and amenities, this apartment represents a highly practical and well-positioned option for students seeking secure accommodation in the heart of Prahran.

Property History for 508/42 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Transferred
19 Aug 2023
Listed for Rent
$335/w
26 Sep 2025
  • 12 Mar 2026
    Listed for Sale $159,900
  • 16 Sep 2025
    Listed for Sale $159,900
  • 12 Aug 2025
    Listed for Rent $335 / week
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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 10,917 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 15 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.