Market snapshot
Suburb insights for Prahran3181
Change suburbPrahran, approximately 5 km southeast of Melbourne's CBD, is a vibrant lifestyle suburb famous for its bustling Chapel Street precinct. With a mix of heritage homes, modern apartments, and buzzing cafes, it appeals to families, young professionals, and creative types. Excellent transport and a thriving cultural scene make Prahran one of Melbourne’s most dynamic addresses.
Recent sales and auction results in Prahran
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 2/15 Arkle St, Prahran | 2 |  | House | Passed in Vendor Bid | 5/12/2025 | Belle Property Armadale | View |
| 9 Pridham St, Prahran | 2 |  | House | Passed in at Auction | 5/12/2025 | Jellis Craig | View |
| 301/87 High St, Prahran | 1 |  | Unit | Private Sale | 18/11/2025 | Gary Peer & Associates | |
| 68 Clarke St, Prahran | 2 |  | House | Passed in Vendor Bid | 5/12/2025 | Jellis Craig | View |
| 4/123 Chomley St, Prahran | 2 | | Apartment | Private Sale | 17/11/2025 | Re-define Real Estate - MELBOURNE | View |
Sales data
Median sale price
$1.7mil
Quarterly price change
-5.7%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Prahran | Metro comparison |
|---|---|---|
| 2 | $1,235,000 | $910,000 |
| 3 | $1,820,500 | $830,000 |
| 4 | $2,581,250 | $951,500 |
| Insight | Prahran | Metro comparison |
|---|---|---|
| Clearance rate | 80% | 81.4% |
| Days on market | 37 | 36 |
Rental data
Median weekly rent
$895
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Prahran | Metro comparison |
|---|---|---|
| 2 | $830 | $580 |
| 3 | $1,050 | $550 |
| 4 | $1,365 | $600 |
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