Market snapshot
Suburb insights for Prahran3181
Change suburbPrahran 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 8/123 Williams Rd, Prahran | 1 |  | Unit | Private Sale | 29/06/2025 | Gary Peer & Associates | |
| 23 Wrights Tce, Prahran | 3 | | House | Sold Before Auction | 23/06/2025 | Jellis Craig | View |
Sales data
Median sale price
$1.9mil
Quarterly price change
2.4%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Prahran | Metro comparison |
|---|---|---|
| 2 | $1,217,500 | $890,000 |
| 3 | $1,865,000 | $815,000 |
| 4 | $2,797,500 | $950,000 |
| Insight | Prahran | Metro comparison |
|---|---|---|
| Clearance rate | 85.4% | 79.5% |
| Days on market | 37 | 39 |
Rental data
Median weekly rent
$855
Rental yield
2.5%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Prahran | Metro comparison |
|---|---|---|
| 2 | $825 | $580 |
| 3 | $995 | $550 |
| 4 | $1,423 | $600 |
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