Market snapshot

Suburb insights for Prahran3181

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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.

Recent sales and auction results in Prahran

AddressBedroomsPriceTypeMethodSale DateAgentListing
77 York St, Prahran3PriceHousePrivate Sale13/07/2025Belle Property St KildaView
74 Aberdeen Rd, Prahran2PriceHouseSold Before Auction16/07/2025Belle Property ArmadaleView

Sales data

Median sale price
$1.9mil
Quarterly price change
2.4%
Metro Melbourne Comparison
$924k
0.4%
BedroomsPrahranMetro comparison
2$1,217,500$890,000
3$1,865,000$815,000
4$2,797,500$950,000
InsightPrahranMetro comparison
Clearance rate85.4%79.5%
Days on market3739

Rental data

Median weekly rent
$855
Rental yield
2.5%
Metro Melbourne Comparison
$580
3.3%
BedroomsPrahranMetro comparison
2$825$580
3$995$550
4$1,423$600
Median data for the current quarter
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