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419/42 Porter Street, Prahran$134,000
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419/42 Porter Street

Prahran, VIC 3181, Australia
$134,000
1 bed 1 bath

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About this property

Secure a rare investment opportunity in one of Prahran's most vibrant and sought-after locations. This well-appointed, high-return studio apartment is purpose-built for the student market, offering exceptional flexibility ideal for student owner-occupiers or parents looking to invest for their children, with the option to lease out when not in use. Thoughtfully designed with modern living in mind, the apartment features a sleek kitchenette, a private balcony with urban outlooks, and a secure intercom entry system. Residents also enjoy access to shared amenities including a communal lounge and on-site laundry facilities, ensuring low-maintenance living with strong appeal. Unbeatable Location: * Transport: Just a 2-minute walk to Prahran Station, providing effortless access to the CBD, Swinburne University of Technology and RMIT University * Lifestyle: Moments from Chapel Street, Greville Street, and Prahran Market offering endless dining, shopping, and entertainment options With consistently strong rental demand and an unbeatable inner-city location, this is a rare and compelling investment opportunity not to be missed. Estimated rental return: approx. $320 per week.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Listed
1 month ago

Repayment calculator

$650/month
$325 /fortnight
Loan $107,200 at 6.10% over 30 years

Upfront costs

Deposit$26,800
Stamp duty$3,110
Conveyancing (est.)$2,000
Total upfront$31,910
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 78% below the $619,500 median of 54 comparable apartmentswithin 5 km.

What's nearby

  • Stop 46: Chatham Street (tram)295 m away
  • Dan Murphy's254 m away
  • Grattan Gardens110 m away
  • Unnamed115 m away
  • Unnamed131 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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