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Prahran
VIC, 3181 - Stonnington

Thinking about buying in Prahran? Now could not be a better time, with 11472 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,434,000 with prices in this suburb ranging from $27,000 to $22,556,000. Prahran is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $451.96
Median Monthly Mortgage $2444.73
Median Persons Per Bedroom 0.91
Average Household Size 1.94
Average Age 35.69
Average Income $1350.81
Average Cars Per Dwelling 1.15
Average Properties Within 50M 105

Housing Stock

Average Property Prices

1 Bed  $497,000
2 Bed  $1,247,000
3 Bed  $2,648,000
4 Bed  $3,995,000
5 Bed  $4,450,000
6 Bed+$6,129,000

Prahran Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Prahran driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Prahran ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Prahran classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Prahran necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Properties for sale Prahran

Belle Property UNIT 6, 317 DANDENONG RD, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 1 $500,000 - $550,000
Belle Property UNIT 73, 108 GREVILLE ST, PRAHRAN, VIC, 3181 Beds3 Bathrooms1 Parking 1 $700,000 - $730,000
Belle Property UNIT 112, 31 GRATTAN ST, PRAHRAN, VIC, 3181 Beds1 Bathrooms1 Parking 1 EOI Closing 26th Nov 1.00pm - $375,000 - $400,000
Belle Property UNIT 29, 6 WILLIAMS RD, PRAHRAN, VIC, 3181 Beds3 Bathrooms2 Parking 2 $2,100,000 - $2,300,000
Belle Property UNIT 303, 652 HIGH ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms2 Parking 1 $900,000
Belle Property UNIT 1, 22 CHOMLEY ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 1 $720,000
Belle Property UNIT 5, 3 RAE CT, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 1 $550,000 - $600,000
Belle Property UNIT 207, 31 GRATTAN ST, PRAHRAN, VIC, 3181 Beds1 Bathrooms1 Parking 1 $390,000 - $429,000
Belle Property APARTMENT 211, 10 PORTER ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms2 Parking 1 $585,000 - $615,000
Belle Property UNIT 9, 20 GRANDVIEW GR, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 1 $630,000 - $675,000
Belle Property UNIT 102, 652 HIGH ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms2 Parking 1 $890,000 - $950,000
Belle Property UNIT 5, 299 DANDENONG RD, PRAHRAN, VIC, 3181 Beds1 Bathrooms1 Parking 1 Under Offer
Belle Property UNIT 205, 47 PORTER ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 1 $550,000 - $595,000
Belle Property UNIT 5, 22 TRINIAN ST, PRAHRAN, VIC, 3181 Beds1 Bathrooms1 Parking 1 $350,000 - $375,000
Belle Property APARTMENT 110, 120 GREVILLE ST, PRAHRAN, VIC, 3181 Beds1 Bathrooms1 Parking 1 $380,000 - $418,000
Belle Property UNIT 104, 6 SYDNEY ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms2 Parking 2 $1,300,000 - $1,390,000
Belle Property UNIT 1, 525 HIGH ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms2 Parking 2 $875,000 - $910,000
Fletchers 20 BENDIGO ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Auction 23rd November at 11:00am
Fletchers UNIT 110, 525 HIGH ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms2 Parking 2 For Sale Appointment Only
Professionals APARTMENT 503, 59 PORTER ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 1 $479,500
Ray White UNIT 12, 3-5 CHOMLEY ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 1 500000
Ray White UNIT 108, 201 HIGH ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms2 Parking 1 550000
Woodards UNIT 26, 20 WYNNSTAY RD, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 2 $575,000 - $625,000
Woodards APARTMENT 110, 10 PORTER ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms2 Parking 1 $600,000 - $640,000
Woodards 56 SPRING ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 $1,050,000 - $1,150,000
Woodards UNIT 519, 15 CLIFTON ST, PRAHRAN, VIC, 3181 Beds2 Bathrooms1 Parking 1 $465,000

Local Schools

Our Lady of Lourdes School

The King David School

Victorian College For The Deaf

Wesley College

Loreto Mandeville Hall

St Mary's School

Christian Brothers' College

Toorak Primary School

South Yarra Primary School

Armadale Primary School

(While the above schools are located with the suburb of Prahran there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Prahran weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.516.427.042.886.82.923.8
Feb1.015.925.844.486.52.720.3
Mar1.114.524.145.488.12.515.6
Apr2.012.120.848.090.92.410.6
May1.610.017.752.389.42.97.8
Jun1.37.715.059.893.72.56.9
Jul1.37.814.456.989.53.37.4
Aug1.67.815.151.289.33.010.0
Sept1.49.317.746.188.93.114.0
Oct1.411.121.142.889.33.218.3
Nov1.812.522.443.488.62.920.8
Dec2.014.624.843.588.62.824.0

source: Australian Government Bureau of Meteorology


Internet Speed

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Nearby Suburbs

WindsorSouth YarraSt Kilda EastArmadaleToorakSt KildaBalaclavaCremorneSt Kilda WestBurnley

Public Transport


General Points of Interest

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