Profile for Prahran

3181

Prahran is located 5 km south-east of the CBD. It is a primarily residential suburb with significant commercial activity along Chapel Street High Street and Malvern Road. Prahran also features a nearby Alfred Hospital Grattan Gardens Victoria Gardens and Prahran Aquatic Centre. The Sandringham railway line traverses the area.

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Recent Sales & Auction Results in Prahran

Address Price Type Method Sale Date Agent
Property List
406/5-7 Carlton St, Prahran 2 Unit Passed in Vendor Bid 13/04/2024 Belle Property Armadale
2/8 Williams Rd, Prahran 1 Apartment Sold Before Auction 11/04/2024 Gary Peer & Associates
204/59 Porter St, Prahran 2 Apartment Sold Before Auction 01/04/2024 Whiting & Co Professionals St Kilda
7/36 Grandview Gr, Prahran 2 Unit Auction Sale 13/04/2024 Belle Property South Yarra

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.78m

Metro Melbourne

$929k

Quarterly Price Change

-13%

Metro Melbourne

2%

Median Rent

$795

Metro Melbourne

$550

Rental Yield

2.3%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 65.9% 75.3%
Days on Market 36 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,275,000 $920,000
3 Bedrooms $1,865,000 $810,000
4 Bedrooms $2,950,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $700 $550
3 Bedrooms $1,000 $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$574k

Metro Melbourne

$635k

Quarterly Price Change

-2.3%

Metro Melbourne

0.3%

Median Rent

$550

Metro Melbourne

$520

Rental Yield

5.2%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 65.9% 75.3%
Days on Market 36 40
Median price by Bedrooms Suburb Metro
1 Bedroom $380,000 $370,000
2 Bedrooms $642,500 $600,000
3 Bedrooms $1,400,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $430 $450
2 Bedrooms $600 $540
3 Bedrooms $950 $620

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