SOLD
Sold on 30 May 2024 for $200,000

610/42 Porter Street
Prahran VIC 3181

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 68m2
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Property Details for 610/42 Porter St, Prahran

610/42 Porter St, Prahran is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Prahran in the last 12 months.

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

Last Listing description (July 2024)

Discover the essence of urban living at 42 Porter Street a residential apartment that perfectly blends convenience with lifestyle. Situated in one of Melbourne's most sought-after locations, this property offers an unparalleled opportunity for investors and homeowners alike.

Key Highlights:
Lifestyle Design: Designed for singles and couples, featuring an open-plan living area with a balcony for leisurely mornings and serene evenings.

Modern Amenities: Equipped with a stylish kitchenette (gas cooking, mini-fridge, microwave), a bright bedroom with expansive windows, and a chic all-white bathroom.
Building Perks: Access communal laundry, bike storage, secure entrance, and direct lift access, enhancing convenience and security.
Urban Convenience: Enjoy easy access to a plethora of dining, retail, and entertainment options in the vibrant heart of Prahran.
Investment Potential: A smart choice for investors, with a current rental return of $400/week, tapping into the high demand for quality accommodation.
Transport and Locale: Steps away from the train station, with Chapel Street's exclusive shopping, dining, and entertainment just a stroll away.

Whether you're a professional seeking a dynamic city lifestyle, a first-home buyer dreaming of a vibrant community, or an investor looking for a lucrative venture, 610.42 Porter Street presents a rare find in the heart of Prahran.

Viewing by Appointment:
Contact Phillip to schedule a private viewing.

**This is a regular residential (NOT Student Accommodation) apartment.
**Car Space is able to be purchased or are available for rent

Property History for 610/42 Porter St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$200,000
30 May 2024
Listed for Rent
$390/w
20 Feb 2023
  • 30 May 2024
    Sold for $200,000
  • 15 Apr 2024
    Listed for Sale Contact Agent
  • 14 Feb 2023
    Listed for Rent $390 / 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 10,671 properties. Over the last 5 years, Houses in Prahran have seen a -3.87% decrease in median value, while Units have seen a -7.54% decrease. As at 31 January 2025:

  • The median value for Houses in Prahran is $1,583,087 while the median value for Units is $525,262.
  • Houses have a median rent of $750 while Units have a median rent of $535.
There are currently 27 properties listed for sale, and 16 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 517 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.