702/42 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 25m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
This is a special opportunity to buy a regular residential (NOT Student Accommodation) apartment on the top floor of a contemporary building with stunning views of the Melbourne city skyline.
When it comes to real estate, location is everything and this apartment boasts one of the best addresses in the Melbourne locale. Prahran is known for its vibrant cultural ambience with some of the best dining experiences and retail hubs on offer, making this apartment a cosmopolitan delight.
Note car parking is available to rent in the building for residents at reduced rates.
If you are an investor, this is a great way to tap into the demand for quality accommodation in this highly-prized locale while professionals, first-home buyers and couples alike will all appreciate the easy-care lifestyle on offer and the quick access to the very best of this world-famous region.
The layout is perfectly suited to singles and couples with a large open-plan living space that opens out to a balcony. Here, you can sip your morning coffee as the neighbourhood buzzes to life or take in the views over the surrounding area as the sun sets on another fabulous day.
There is a stylish kitchenette that features gas cooking, a mini-fridge, ample storage within the upper and lower cabinets, a dishwasher and a microwave. The bedroom is big and bright with large windows that frame sky views. You can also enjoy access to a beautiful all-white bathroom with a good-size shower and a vanity with storage.
Residents of this building can access a communal laundry, relish the convenience of direct lift access to your floor and the peace of mind a secure entrance offers. Car parking spaces are available for rent, but with such an incredible location you wont need it.
The train station is right across the road and you are within walking distance of the Prahran Market. You can also walk to the world-class Chapel Street bursting with high-end shopping and some of the best cafes and eateries.
Call now to secure a private viewing before this opportunity is snapped up.
The size of Prahran is approximately 1.9 square kilometres. There are 8 parks, covering nearly 6.3% of the 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 11,119 properties. Over the last 5 years, Houses in Prahran have seen a -14.33% decrease in median value, while Units have seen a -2.26% decrease. As at 30 June 2026:
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