419/42 Porter Street, Prahran VIC 3181

1-bedroom student studio in Prahran | high yield near 8% | fully furnished with balcony | 2 min to station | suited to investor or student buyer This property presents a rare configuration in a sought-after inner-urban location, offering a fully furnished studio with a private balcony and secure entry. Its competitive edge lies in the rental yield near 8%, driven by proximity to Prahran Station and major universities, making it ideal for an investor seeking strong cash flow or a parent buying for a student. The 2012 last sale price suggests potential equity gain, and the low-maintenance communal amenities reduce owner burden. The main risk is the narrow buyer pool limited to students or yield-focused investors, which may constrain resale demand and capital growth compared to larger apartments. The 616-day prior rental listing indicates possible vacancy risk during off-peak periods. However, the high yield offsets holding costs, and the property can be held as a long-term income-producing unit with flexible rental terms to maintain occupancy.