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
61 Chatsworth Rd, Prahran2PriceHouseAuction Sale31/03/2026RT Edgar
66 Bayview St, Prahran3PriceHousePrivate Sale23/03/2026Marshall White
9/32 Aberdeen Rd, Prahran1PriceApartmentPrivate Sale19/03/2026Buxton StonningtonView
219/87 High St, Prahran2PriceApartmentPrivate Sale12/03/2026Jellis CraigView
102/47 Porter St, Prahran2PriceApartmentPrivate Sale25/02/2026Buxton StonningtonView

Sales data

Median sale price
$1.6mil
Quarterly price change
11.2%
Metro Melbourne Comparison
$992k
1.9%
BedroomsPrahranMetro comparison
2$1,366,250$950,000
3$1,801,000$863,000
4$2,472,000$980,500
InsightPrahranMetro comparison
Clearance rate70.6%74.9%
Days on market35.537

Rental data

Median weekly rent
$910
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.1%
BedroomsPrahranMetro comparison
2$813$595
3$1,075$550
4-$595
Median data for the current quarter
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