510/42 Porter St

Off Market

510/42 Porter St

Prahran VIC 3181

Apartment

Last sold for $125,000

Sean Cho, last sold this property on 07 March 2026 after 330 days on market.

Overview

Stylish Urban Living with 10% ROI Prime Location in Prahran!

Outstanding 10% ROI in a Prime Inner-City Location! Experience the best of urban living at 42 Porter Street a well-appointed 1 bedroom unit that seamlessly combines lifestyle and convenience. Positioned in one of Melbourne's most desirable pockets, this property presents a rare opportunity for savvy investors and homeowners alike. Property Features: *Secure entry with intercom access *Elevator access for convenience *Modern kitchen with gas cooktop *Abundant natural light *Well-maintained bathroom with shower, vanity, and toilet *Access to communal laundry and bike storage *Secure car park available for rent *Only 1-minute walk to Prahran Railway Station Close to shops, popular eateries, and public transport *Approx. 10% ROI with a current lease in place Ideally located just minutes from Melbourne Polytechnic and mere metres from Prahran Station and tram lines, this property offers direct connectivity to CBD campuses and beyond. Whether you're a student, or astute investor this location ticks every box. A rare opportunity that combines strong rental returns, unbeatable location, and long-term potential don't miss out! Contact Sean Cho on 0435 944 942 **Inspections by Appointment Only

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 510/42 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 510/42 Porter St

2026

Sold

$125,000

Private Sale/Treaty on 07 Mar 2026 by Sean Cho, of Able Real Estate

2022

Rented

Undisclosed

Leased on 07 Nov 2022 by Besser & Co. Estate Agents

2019

Rented

Undisclosed

Leased on 05 Feb 2019 by Besser & Co. Estate Agents

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, 128 one-bedroom apartments similar to 510/42 Porter St, have been sold.

This represents a 11% 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.