SOLD
RECENT ADVICE
Sold on 19 Jan 2024 for $125,000

507/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 507/42 Porter St, Prahran

507/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Apartment sold in Prahran in the last 12 months.

Building Type
Apartment
Local Government
Stonnington
Lot/Plan
507/PS632276

Last Listing description (January 2024)

Stylish and spacious with views! A furnished one bedroom student-only apartment awaits, boasting a great position in cosmopolitan Prahran, with all modern conveniences, plus amazing city or suburban views from the upper level apartments. 42 Porter street is brilliantly located just behind the fashionable and funky Chapel Street and near the corner of Greville Street. Enjoy some of Melbourne’s best shops, boutiques, restaurants, cafes, food markets, supermarket and cinemas only a few minutes away.

Only 3 minutes walk to Melbourne Polytechnic - Prahran Campus. Choice of trams on High Street, Commercial Road, Chapel Street and St Kilda Road or Prahran Train Station at door step, so travel is simple and easy to city-based campuses or any other of Melbourne’s tertiary institutions in minutes.

- Security Entrance
- Communal Laundry onsite
- Lift access to all Levels
- Private balcony
- Secure Basement Car Parking available for rent to residents

- Wifi available at affordable rates for Students

Call now to secure a private viewing before this opportunity is snapped up.

Property History for 507/42 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$125,000
19 Jan 2024
Listed for Rent
$270/w
18 Jul 2023
  • 17 Jan 2024
    Sold for $125,000
  • 09 Jan 2024
    Listed for Sale UNDER OFFER
  • 06 Jan 2024
    Listed for Rent $285 / 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 10,558 properties. Over the last 5 years, Houses in Prahran have seen a 10.60% increase in median value, while Units have seen a 5.10% increase. As at 31 October 2024:

  • The median value for Houses in Prahran is $1,718,651 while the median value for Units is $555,773.
  • Houses have a median rent of $760 while Units have a median rent of $525.
There are currently 31 properties listed for sale, and 16 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 485 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.