419/42 Porter St

Off Market

419/42 Porter St

Prahran VIC 3181

Apartment

Last sold for $134,000

Tony Kwan, last sold this property on 20 May 2026 after 20 days on market.

Overview

High-Yield, Fully Furnished Studio in the Heart of Prahran

Secure a rare investment opportunity in one of Prahran’s most vibrant and sought-after locations. This well-appointed, high-return studio apartment is purpose-built for the student market, offering exceptional flexibility — ideal for student owner-occupiers or parents looking to invest for their children, with the option to lease out when not in use. Thoughtfully designed with modern living in mind, the apartment features a sleek kitchenette, a private balcony with urban outlooks, and a secure intercom entry system. Residents also enjoy access to shared amenities including a communal lounge and on-site laundry facilities, ensuring low-maintenance living with strong appeal. Unbeatable Location: * Transport: Just a 2-minute walk to Prahran Station, providing effortless access to the CBD, Swinburne University of Technology and RMIT University * Lifestyle: Moments from Chapel Street, Greville Street, and Prahran Market — offering endless dining, shopping, and entertainment options With consistently strong rental demand and an unbeatable inner-city location, this is a rare and compelling investment opportunity not to be missed. Estimated rental return: approx. $320 per week.

Features

1 bedroom

1 bathroom

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 419/42 Porter St is $372k.

Median value

$372k

Estimated value range

$115k - $560k

Median days on market

Estimated value trend

decrease 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 419/42 Porter St

2026

Sold

$134,000

20 May 2026 by Tony Kwan, of Barry Plant Whitehorse (Mitcham)

2025

Rented

Undisclosed

Leased on 17 Mar 2025 by Little Real Estate | Hawthorn

Happy sellers in Prahran

79%

79% 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 29 reviews in Prahran over the last 12 months.

Local market activity for 1 bedroom apartments in Prahran

In the last 12 months, 131 one-bedroom apartments similar to 419/42 Porter St, have been sold.

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

(586 reviews)

Get a free market appraisal

James Annett

at Belle Property Armadale

4.9

(206 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

(278 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 32 local sales and collected 13 local reviews across the last 12 months.