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7/8 Porter Street

Prahran, VIC 3181, Australia
UNDER OFFER
1 bed 1 bath

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About this property

An excellent opportunity to secure a low-maintenance student accommodation apartment in the heart of Prahran, ideally positioned close to public transport, Chapel Street shopping, Prahran Market and leading educational institutions. Currently returning $355 per week ($1,543 per month), this property offers immediate rental income for investors seeking an affordable addition to their portfolio. Designed for practical and comfortable student living, the apartment features a well-appointed kitchenette with gas cooking, open-plan bedroom/living area, built-in storage, private ensuite bathroom, and split-system heating and cooling. The layout is complemented by natural light and a private balcony area, creating a functional inner-city living environment. Located within easy reach of Monash University Caulfield Campus, public transport options including trams and trains, and Melbourne's renowned lifestyle precincts, this property continues to attract strong tenant demand. Property Features: Secure student accommodation investment Currently leased at $355 per week Functional kitchenette with gas cooktop Private ensuite bathroom Split-system heating and cooling Open-plan living and bedroom layout Built-in storage Excellent location close to transport, cafes and shopping Low-maintenance investment opportunity A smart investment in one of Melbourne's most sought-after student accommodation precincts.

Property Features

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    Repayment calculator

    $2,472/month
    $1,236 /fortnight
    Loan $408,000 at 6.10% over 30 years

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

    Upfront costs

    Deposit$102,000
    Stamp duty$25,670
    Conveyancing (est.)$2,000
    Total upfront$129,670
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Listed
    1 week ago

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