Prahran is located 5 km south-east of the CBD. Located in Melbourne's inner south-east Prahran is primarily a residential suburb with significant commercial activity along Chapel Street High Street and Malvern Road. Prahran has a very youthful population with a high percentage of one and two person households. Prahran also features Alfred Hospital and the City of Stonnington municipal offices while the Sandringham railway line traverses the area.
Median data for March 2019 Quarter. Click here for details.
Median Sale Price
$1.48mil
Metro Melbourne
$793k
Quarterly Price Change
-4.4%
-1.4%
Median Rent
$670
$450
Rental Yield
2.3%
2.9%
$520k
$587k
-0.4%
-0.5%
$430
$425
4.3%
3.7%
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