514/42 Porter StreetPrahran VIC 3181
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. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (August 2024)
STUDENT ACCOMMODATION ONLY CURRENTLY LEASED AT $1,238 PCM UNTIL 8 JANUARY 2025
The fifth floor has lots of light and a massive balcony with spectacular city views.
Welcome to the student sanctuary at 42 Porter Street, Prahrana vibrant hub nestled amidst the bustling neighbourhoods of Prahran, Windsor, South Yarra, and St Kilda, in the heart of Melbourne, Victoria.
Student Accommodation in the Heart of Prahran:
Situated on the fifth floor, this apartment is flooded with natural light and offers breathtaking city views, providing the perfect backdrop for a student's journey. Currently leased at $1,238 per month until January 8, 2024, this investment promises steady and increasing rental returns, underpinned by strong demand in this sought-after locale. Beyond this, it presents an enticing opportunity to hold as an investment or accommodate a student within your family, especially with its rare and expansive private balconyan ideal space for relaxation and study breaks.
Modern Living Designed for Students:
When you step into this student accommodation, you will see the thoughtful design of student life. The fully functional kitchen boasts stainless steel appliances, including a gas cooktop, ensuring you have everything you need for culinary adventures. The living room extends to a generous private balcony, providing ample outdoor living and entertaining space, a rare find in student accommodations.
Comfort and Convenience
The student sanctuary includes a single bedroom with a built-in robe and shelf, providing ample storage for essentials. The contemporary bathroom features sleek fittings and shelving, offering style and functionality. Plus, communal laundry facilities and bike storage racks on the ground floor add to your convenience.
Prime Location for Student Living
Convenience is key here, with the Prahran train station just moments away, which provides direct access to the CBD and Caulfield campuses. Explore the vibrant Chapel and Greville Streets, brimming with cafes, boutiques, and entertainment options. Whether studying or socializing, this location caters to your every need.
Invest in Student Accommodation
Seize the opportunity to secure your slice of student living in one of Melbourne's most desirable locations. With its prime position, modern amenities, and promising returns, this apartment is an investment in your financial future.
Please note: Photos provided indicate the building and its amenities and may not depict the specific apartment.
Property History for 514/42 Porter St, Prahran, VIC 3181
- 18 Jul 2024Sold for $155,000
- 16 Apr 2024Listed for Sale $169,000
- 12 Oct 2021Listed for Rent $240 / week
Recent sales nearby
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0About 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 10,915 properties. Over the last 5 years, Houses in Prahran have seen a -8.01% decrease in median value, while Units have seen a 6.77% increase. As at 30 November 2025:
- The median value for Houses in Prahran is $1,471,621 while the median value for Units is $548,087.
- Houses have a median rent of $750 while Units have a median rent of $550.
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