Profile for Prahran

3181

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.

Recent Sales & Auction Results in Prahran

Address Price Type Method Sale Date Agent
Property List
8/15 Kelvin Gr, Prahran 2 Apartment Auction Sale 13/07/2019 hockingstuart

Median data for March 2019 Quarter. Click here for details.

Median Sale Price

$1.48mil

Metro Melbourne

$793k

Quarterly Price Change

-4.4%

Metro Melbourne

-1.4%

Median Rent

$670

Metro Melbourne

$450

Rental Yield

2.3%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 58.3% 55.6%
Days on Market 30 41
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,300,000 $865,000
3 Bedrooms $1,476,000 $730,000
4 Bedrooms $2,475,000 $870,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $620 $495
3 Bedrooms $890 $425
4 Bedrooms n/a $480

Median data for March 2019 Quarter. Click here for details.

Median Sale Price

$520k

Metro Melbourne

$587k

Quarterly Price Change

-0.4%

Metro Melbourne

-0.5%

Median Rent

$430

Metro Melbourne

$425

Rental Yield

4.3%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 58.3% 55.6%
Days on Market 30 41
Median price by Bedrooms Suburb Metro
1 Bedroom $398,000 $370,000
2 Bedrooms $597,500 $570,000
3 Bedrooms $1,094,000 $760,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $380 $370
2 Bedrooms $500 $440
3 Bedrooms $700 $525

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