Suburb

Market snapshot

Suburb insights for Prahran3181

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Prahran, 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
5 Willis St, Prahran3PriceHousePassed in Vendor Bid28/11/2025Jellis CraigView
2/36 Clarke St, Prahran2PriceApartmentPrivate Sale17/11/2025Real Property Agent Melbourne
707/15 Clifton St, Prahran2PriceApartmentPrivate Sale12/11/2025Barry PlantView
65 Alfred St, Prahran3PriceHousePassed in Vendor Bid28/11/2025Jellis CraigView
111 Charles St, Prahran3PriceHouseSold Before Auction25/11/2025Marshall WhiteView
15/61 High St, Prahran2PriceApartmentSold Before Auction25/11/2025Jellis CraigView
7/97 Chomley St, Prahran2PriceApartmentSold Before Auction12/11/2025Biggin & ScottView
1103/15 Clifton St, Prahran2PriceApartmentPrivate Sale26/10/2025Woodards South Yarra

Sales data

Median sale price
$1.7mil
Quarterly price change
-5.7%
Metro Melbourne Comparison
$955k
2.7%
BedroomsPrahranMetro comparison
2$1,235,000$910,000
3$1,820,500$830,000
4$2,581,250$951,500
InsightPrahranMetro comparison
Clearance rate80%81.4%
Days on market3736

Rental data

Median weekly rent
$895
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.3%
BedroomsPrahranMetro comparison
2$830$580
3$1,050$550
4$1,365$600
Median data for the current quarter

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