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Location

Market Insights for Prahran VIC 3181

New Listings (last 30 days)

Average price

$637,778

Lowest price

$380,000

Highest price

$1,300,000

901/58 Porter Street, Prahran VIC 3181

$2,500,000 - $2,750,000

Search Band

$2.5M - $2.63M Transparent Based on an openly advertised listing price.

Apartment 3 beds 2 baths 2 cars

Listed: 2nd May 2026

Updated: 21st Jul 2026

Overview

Expressions of Interest close Friday 22 May 1.00pm.

This exceptional penthouse offers commanding 270-degree uninterrupted views encompassing the city skyline and Port Phillip Bay. Its sun-drenched, stylish, and spacious design provides an inner urban lifestyle marked by unmatched sophistication and elegance.

Meticulously crafted by renowned architects Cera Stribley, the interior showcases a harmonious palette of limed oak and natural stone. Floor-to-ceiling glass windows bathe the space in northwestern light, creating a bright and inviting atmosphere. The dining area features a built-in bar and flows seamlessly into a generous living space that opens onto a large undercover northwest-facing terrace. This outdoor area is ideal for all-weather dining while enjoying spectacular sunset views.

The gourmet kitchen is both practical and beautiful, equipped with stone and stainless-steel benches, premium Miele appliances, an integrated fridge/freezer, and a butler's pantry/laundry. The accommodation wing is thoughtfully separated and includes a stunning main bedroom with built-in robes and a lavish ensuite, capturing views towards the Dandenongs. Two additional bedrooms, each with built-in robes, and a stylish bathroom complete the living quarters.

Perfectly positioned to enjoy the vibrant lifestyle of Prahran, the property is close to the eateries and boutiques of Greville and Chapel Streets, Commercial Road, Prahran Market, Prahran station, trams, Grattan Gardens, and local schools. The building is carbon neutral and all-electric, featuring a spectacular resident's roof garden with BBQ facilities, EV charging stations, and solar panels.

Additional amenities include video intercom, zoned reverse cycle air-conditioning, double glazing, a powder room, and two basement car spaces, ensuring comfort and convenience in this luxurious urban residence.

Local Market Insights

In Prahran, Quiet Listings observed 18 new apartments entering the market over the last 30 days, down from 29 during the previous 30-day period, with an average advertised asking price of $637,778. The property type mix of listed properties is predominantly Apartments at 50%, followed by houses (36%), and commercial properties (8%). The most active agency for apartments in the Prahran area is currently Belle Property, representing 39% of new listings, followed by Buxton Real Estate Group with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.