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508/42 Porter St

Prahran VIC 3181

1
1
20 m²
Apartment
Currently for sale - view listing

Overview

CASH FLOW RETURN $17,472 CIRCA 11%

Student Accommodation Only 5th Floor with Light & Views Recently updated with brand-new timber flooring and fresh paint, this fifth-floor apartment offers natural light and expansive views across the surrounding suburbs. Designed specifically for student living, it includes: Fully equipped kitchen with gas cooktop, microwave, dishwasher, and ample storage Open-plan living area with elevated outlooks Single bedroom with built-in robe and shelving Modern bathroom with contemporary fittings Secure building with communal laundry facilities The location provides outstanding convenience for students: Less than 5 minutes' walk to Melbourne Polytechnic and Prahran Station (direct trains to CBD universities) Around 10 minutes' walk to Swinburne University Close proximity to supermarkets, cafés, restaurants, and the Chapel Street retail precinct With excellent access to public transport, universities, and amenities, this apartment represents a highly practical and well-positioned option for students seeking secure accommodation in the heart of Prahran.

Features

1 bedroom
1 bathroom
20 m² lot size
Apartment

Property history for 508/42 Porter St

2025
Rented
Undisclosed
Leased on 25 Sep 2025 by Scott Banks Real Estate Group
2022
Sold
Undisclosed
24 Mar 2022 by Scott Banks, of Scott Banks Real Estate Group

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 36 reviews in Prahran over the last 12 months.

Local market activity for 1 bedroom apartments in Prahran

In the last 12 months, 123 one-bedroom apartments similar to 508/42 Porter St, have been sold.

This represents a 16% increase in one-bedroom apartments sales when compared to the previous 12 months.

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