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.
Median data for March Quarter 2024. Click here for details.
Median Sale Price
$1.78m
Metro Melbourne
$929k
Quarterly Price Change
-13%
2%
Median Rent
$795
$550
Rental Yield
2.3%
3.1%
$574k
$635k
-2.3%
0.3%
$520
5.2%
4.3%
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