Home/Properties/Prahran/203/32-34 St Edmonds Road
203/32-34 St Edmonds Road, Prahran$115,000
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203/32-34 St Edmonds Road

Prahran, VIC 3181, Australia
$110,000 – $120,000
1 bed 1 bath

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About this property

Strategically located in the heart of Prahran, this purpose-built apartment presents a smart and affordable investment opportunity with strong rental appeal. Apartment 203 is just minutes from Swinburne Prahran and Melbourne Polytechnic, ensuring a steady stream of student demand year-round. With its close proximity to public transport, major tertiary institutions, and the bustling Chapel Street precinct, it offers both high occupancy potential and consistent returns. The apartment features a fully furnished layout with a separate bedroom and living area-rare for student accommodation-plus a stylish bathroom and modern kitchen equipped with gas cooking. All essential furnishings are included, such as a study desk, bed, microwave, fridge, TV, and heating, making it truly turn-key for investors and tenants alike. The secure building includes lift access, intercom entry, CCTV in common areas, a communal laundry, bike storage, and optional basement parking via car stacker. Just steps from Prahran Station and tram lines, students enjoy fast access to city campuses and the Melbourne CBD. With location, demand, and low maintenance all working in your favour, Apartment 203 is a hassle-free addition to any investment portfolio. Features Include: * Fully furnished with bed, desk, TV, fridge & microwave * Gas cooking * Secure intercom entry and CCTV surveillance * Communal laundry and optional basement parking * Walk to Chapel Street, Melbourne Polytechnic & Prahran Station Opportunities like this are rare-secure a high-demand, low-maintenance investment in one of Melbourne's most sought-after student precincts!

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$558/month
$279 /fortnight
Loan $92,000 at 6.10% over 30 years

Upfront costs

Deposit$23,000
Stamp duty$2,510
Conveyancing (est.)$2,000
Total upfront$27,510
Verify with VIC revenue office →
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. It is listed 79% below the $560,000 median of 54 comparable apartmentswithin 5 km.

What's nearby

  • Stop 46: Chatham Street (tram)189 m away
  • The Freedom Machine126 m away
  • Unnamed164 m away
  • Grattan Gardens225 m away
  • Unnamed331 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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Price history

Listing price changes

2 price changes recorded for this property

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