123/42 Porter St

Off Market

123/42 Porter St

Prahran VIC 3181

0 m²

Apartment

Last sold for $180,000

Christine Ting, last sold this property on 17 July 2025 after 28 days on market.

Overview

HIGH-YIELD STUDENT ACCOMMODATION WITH A CAR SPACE

An exceptional opportunity awaits with this well-maintained 1-bedroom student apartment, complete with a secure basement car park on title—a true rarity in this segment. Ideal for investors seeking reliable returns in a high-demand location, this property is ready to deliver from day one. Fresh new carpets and a newly upgraded kitchen benchtop offer a refreshed interior that tenants will appreciate, while the practical floorplan ensures maximum use of space. Property highlights: - Estimated Weekly Rent: $360 per week - 1 bedroom, 1 bathroom, 1 secure car park - Refreshed interiors including new carpet and Kitchen benchtop - Modern kitchen with gas cooktop, stainless steel appliances, and plenty of storage -Comfortable bedroom with built-in robe - Secure access with bike storage and laundry facilities - Only 1-minute walk to Prahran Railway Station Estimated Annual Outgoings: - Strata Fees: $2170; -Council Rates: $572; - Water Rates: $650.00 Premium location for students and tenants alike: Only a short walk to Prahran Station, with direct train access to Melbourne’s major universities and CBD campuses. Positioned moments from Chapel Street, Greville Street, and a huge array of dining, shopping, and entertainment options—this location ticks every box for student living. ***DISCLAIMER: Virtual furnitures used in this advertisement is for illustration purposes only.***

Features

1 bedroom

1 bathroom

1 carspace

1 carport space

0 m² lot size

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Prahran over the last 12 months, the estimated median property value of 123/42 Porter St is $375k.

Median value

$375k

Estimated value range

$115k - $560k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Prahran. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 123/42 Porter St

2025

Sold

$180,000

17 Jul 2025 by Christine Ting, of Ironfish Real Estate

Happy sellers in Prahran

75%

75% of sellers in Prahran reported that their sale price either exceeded or met their price expectations.

Prahran stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Prahran over the last 12 months.

Local market activity for 1 bedroom apartments in Prahran

In the last 12 months, 129 one-bedroom apartments similar to 123/42 Porter St, have been sold.

This represents a 10% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Prahran for a free market appraisal.

Lauchlan Waterfield

at Belle Property Armadale

4.9

(582 reviews)

Get a free market appraisal

James Annett

at Belle Property Armadale

4.9

(204 reviews)

Get a free market appraisal

Alex Wright

at MRE

(20 reviews)

Get a free market appraisal

Walter Summons

at Belle Property Armadale

4.9

(274 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Prahran

Lauchlan Waterfield

Lauchlan Waterfield is an award winning recommended agent for Prahran. They have 36 local sales and collected 17 local reviews across the last 12 months.