514/42 Porter Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
FOR RENT

514/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 20m2
Land area: 935m2
This property is currently on the market
Save

Property Details for 514/42 Porter St, Prahran

514/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 935m2 and floor size of 20m2.This Property is currently listed for rent with Scott Banks

Building Type
Unit
Year Built
2012
Floor Size
20m2
Land Size
935m2
Local Government
Stonnington
Lot/Plan
514/PS632276

Last Listing description (January 2026)

Available now

Positioned on the fifth floor and filled with natural light, this freshly updated student accommodation apartment offers an exceptional inner-city living environment, highlighted by a rare, oversized private balcony with sweeping city views.

Recently refreshed with new timber floorboards, fresh paint, and new furniture, the apartment is presented in excellent condition and ready for immediate occupancy.

Apartment Features:

Student accommodation only occupants must be enrolled students

Fifth-floor position with excellent natural light

Huge private balcony with impressive city skyline views

New timber floorboards throughout

Freshly painted interiors

New furniture included for immediate, turnkey living

Lift-up double bed with ample storage underneath

Small washing machine in the studio for personal use

Open-plan living and dining area flowing directly to the balcony

Functional kitchen with gas cooktop and stainless-steel appliances

Comfortable bedroom with built-in robe and shelving

Modern bathroom with practical storage

Secure building with lift access

Communal laundry facilities and bike storage on the ground floor

Prime Student Location:

Ideally located in the heart of Prahran, just moments from Prahran Station, providing direct access to the CBD and major university campuses. Enjoy the lifestyle convenience of Chapel Street and Greville Street, with cafs, restaurants, supermarkets, and entertainment all within walking distance.

Why This Apartment Stands Out:

Student apartments with balconies of this size and city views are extremely rare. Combined with recent upgrades, furnishings, and a premium inner-city location, this is a standout student living opportunity.

Available now.

Please note: This apartment is student accommodation only. Applicants must provide proof of current enrolment as part of the application process.

Property History for 514/42 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$155,000
18 Jul 2024
Listed for Rent
$240/w
09 Nov 2021
  • 22 Jan 2026
    Listed for Rent $395 / week
  • 18 Jul 2024
    Sold for $155,000
  • 16 Apr 2024
    Listed for Sale $169,000
Sign in to see more transactions
Commute Calculator

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 10,918 properties. Over the last 5 years, Houses in Prahran have seen a 1.02% increase in median value, while Units have seen a 0.08% increase. As at 31 December 2025:

  • The median value for Houses in Prahran is $1,618,142 while the median value for Units is $539,491.
  • Houses have a median rent of $770 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 23 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 623 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

Market Insights
Prahran Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Prahran Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.