Real Estate & Finance

Property Report & Market Data In Prahran

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Average Market Value In Prahran

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Property values in Prahran remain high, with continued demand from young professionals and investors driving steady price growth for both houses and apartments. The area’s attractive lifestyle offerings and proximity to the city underpin its popularity.

1710000

Median House Price

4.2 %

House Price Growth

590000

Median Unit Price

1.8 %

Unit Price Growth

Sales Trends In Prahran

Stay ahead of the fast-moving sales trends around Prahran

Sales activity in Prahran is steady, with properties selling faster than the Melbourne metro average. Vendor discounts are moderate, indicating a balanced market.

46

Total Houses Sold

139

Total Units Sold

28

Days On Market (Houses)

3.5

Vendor Discount

Local Population Movement In Prahran

Learn who is moving in and out of Prahran! Is it on the rise or decline?

Prahran continues to attract young adults and professionals, with stable population growth supported by urban renewal and apartment developments. There is a noticeable trend of downsizers and renters drawn by proximity to employment and entertainment.

12350

Population Size In Prahran

1.4

Population Growth In Prahran

25-34

Dominant Age Group InPrahran

Single-person households and couples without children

Household Types In Prahran

Market Decline or Growth Indicators For Prahran

Learn who is moving in and out of Prahran! Is it on the rise or decline?

Recent sales activity remains strong, stock levels are moderate, and days on market have shortened. Overall, the market is exhibiting growth indicators with healthy rental demand and ongoing buyer interest.

3.5

Annual Price Growth In Prahran

185

Sales Activity Rate In Prahran

2.1

Average Stock Inventory Time InPrahran

Rental Yields and Demand In Prahran

Find out if this is a good investment opportunity buying real estate in and around Prahran

Unit rental yields are strong and above Melbourne’s average, with low vacancy rates indicating strong tenant demand. Houses offer lower yields but enjoy ongoing interest from high-income renters.

46

Total Houses Sold

139

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.5

Vendor Discount

Affordability and Finance Options For Prahran

Home Loans: Financing Your Dream Home In Prahran. Get Pre-Approved Today.

46

Total Houses Sold

139

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.5

Vendor Discount

Lifestyle and Amenities In and Around Prahran

Prahran Lifestyle: Why Live Here

Prahran is a vibrant inner-city suburb known for its cosmopolitan lifestyle, boutique shopping along Chapel Street, diverse dining options, trendy bars and cafes, and proximity to parks, schools, and public transport. The suburb offers a mix of historic Victorian homes, modern apartments, lively markets, and a thriving arts and cultural scene.

6

Parks Count

1

Suburb Area

5

Distance To CBD

Property Type Breakdown Prahran

Prahran Properties: Houses vs. Units

46

Total Houses Sold

139

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.5

Vendor Discount

Prahran Suburb Information

Prahran Suburb Stats

State: Victoria

City: Melbourne

Population: 12,350

Postcode: 3181

Free Property Appraisal In Prahran

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