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103/8 Porter Street, PrahranPrice Withheld
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103/8 Porter Street

Prahran, VIC 3181, Australia
Price Withheld
1 bed 1 bath

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About this property

Positioned in a popular and tightly held student-only complex, Apartment 103 at 8 Porter Street presents an affordable and well-positioned entry into the high-demand student accommodation market. Fully furnished and thoughtfully designed for comfort and function, this ground-floor studio delivers solid rental performance and effortless ongoing management-ideal for investors looking for a dependable income stream in a proven location. The apartment offers a practical, low-maintenance layout with a private bedroom zone, open-plan living, a well-appointed kitchen with gas cooking, and a sleek, modern bathroom. Included in the sale are essential furnishings such as a bed, desk, TV, microwave, fridge, and heating, ensuring continued appeal for tenants year after year. The complex also includes secure intercom access, lift access, communal laundry, CCTV in common areas, bike storage, and optional secure basement parking via a car stacker system. Located just moments from vibrant Chapel Street, residents enjoy easy access to local cafés, restaurants, bars, boutique shopping, and entertainment. With Prahran Market, The Jam Factory, and multiple tram routes all nearby, plus Prahran Station just down the road, connectivity is seamless. Swinburne Prahran and Melbourne Polytechnic campuses are both within walking distance - driving strong, consistent demand from both domestic and international students. Features Include: * Currently leased until 29/1/26 on $1217 per month * Security entrance for peace of mind * Lift access to all floors for convenience * Large communal common room for socialising * CCTV surveillance camera in common areas for added security * Onsite communal (coin-operated) laundry facilities * Spacious furnished studio apartments designed for student living * Stylish and private modern bathroom for comfort * Private kitchenette with gas cooking, fridge, and microwave for convenience * Single bed with mattress included * LCD TV, robe, desk, and chair provided, along with heating for coziness Now is the time to secure a high-performing asset in one of Melbourne's most desirable inner-city student precincts. Contact us today!

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$2,594/month
$1,297 /fortnight
Loan $428,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$107,000
Stamp duty$27,170
Conveyancing (est.)$2,000
Total upfront$136,170
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Prahran

This 1-bedroom apartment in Prahran, VIC 3181 sits within reach of public transport, local shops local amenities.

What's nearby

  • Stop 31: Chapel Street (tram)300 m away
  • The Freedom Machine304 m away
  • Unnamed282 m away
  • Grattan Gardens329 m away
  • Gladstone Gardens388 m away

Prahran at a glance

Full suburb profile
Population
12,203
Median age
34
Household income
$2,121/wk
Median rent
$421/wk
Median mortgage
$2,274/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Prahran price trend

Median sold · Unit 1 bed

Compound growth -0.3% / yr over 4 yrs

$376kcurrent median

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