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Sold on 06 Aug 2024 - Price Unavailable

414/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 939m2
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Property Details for 414/42 Porter St, Prahran

414/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 939m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
68m2
Land Size
939m2
Local Government
Stonnington
Lot/Plan
414/PS632276

Last Listing description (August 2024)

A sleek and sophisticated student residence with a thriving Chapel Street lifestyle edge, this highly efficient and single bedroom apartment is a peacefully positioned blue chip investment in one of Melbournes premier lifestyle locations. Merely metres from Chapel Street and its Greville Street intersection, as well as Melbourne Polytechnics popular Prahran Campus, this tightly-held apartment is a lifestyle sensation with impeccable investment credentials that are impossible to ignore.

With minimal fuss and plenty of northern light, the apartment flows effortlessly to a living room with a durable and contemporary galley-style kitchen and easy connection to a terrace that basks in sunshine. Meanwhile, the bathroom has been attractively tiled and wall panel heating offers an ambient sense of warmth.

Right in the heart of a remarkable diversity of some of Melbournes most popular cafes, restaurants and bars, the apartment is also central to all modes of public transport as well as Prahran Market and Prahran Aquatic Centre.

North-facing apartment with a sunny terrace.
Sweeping views to the north and the towers of the CBD.
A highly efficient, single bedroom floorplan.
Secure intercom entry.
Elevator access.
Communal laundry.
Wall-panel heating for year-round ambience.
Terrific local cafes, dining, bars and nightlife.
Walk to all the action on Chapel Street, Greville Street and Commercial Road.
Multiple trams routes take you in all directions.
Easy city commuting via Prahran Railway Station.
Plenty of shopping including Prahran Market.
Great parkland and Prahran Aquatic Centre nearby.
Excellent occupancy rates and durable returns.

Terms: 10% deposit, balance 30/60/90 days negotiable

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Property History for 414/42 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
06 Aug 2024
Listed for Rent
$280/w
24 Jul 2023
  • 06 Aug 2024
    Sold
  • 01 Jul 2024
    Listed for Sale $125,000 - $135,000
  • 24 Jul 2023
    Listed for Rent $280 / week
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About Prahran 3181

The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.

Prahran has 10,644 properties. Over the last 5 years, Houses in Prahran have seen a 15.74% increase in median value, while Units have seen a 8.76% increase. As at 30 September 2024:

  • The median value for Houses in Prahran is $1,752,374 while the median value for Units is $571,029.
  • Houses have a median rent of $750 while Units have a median rent of $525.
There are currently 32 properties listed for sale, and 10 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 506 properties were sold in the past 12 months in Prahran.

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