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.

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

	UNIT 301, 47 PORTER ST, PRAHRAN, VIC, 3181	1	1	1	$590,000 - $630,000
	UNIT 201, 12 ANCHOR PL, PRAHRAN, VIC, 3181	2	1	1	$750,000 - $800,000
	UNIT 13, 19 IRVING AV, PRAHRAN, VIC, 3181	2	1	1	$500,000 - $550,000
	UNIT 8, 313 DANDENONG RD, PRAHRAN, VIC, 3181	1	1	1	$370,000 - $390,000
	APARTMENT 110, 120 GREVILLE ST, PRAHRAN, VIC, 3181	1	1	1	$415,000 - $430,000
	UNIT 409, 22 CHATHAM ST, PRAHRAN, VIC, 3181	1	1	1	$390,000 - $420,000
	UNIT 3, 32 WYNNSTAY RD, PRAHRAN, VIC, 3181	1	1		Under Offer
	UNIT 405, 19 REGENT ST, PRAHRAN, VIC, 3181	2	1	1	$470,000
	APARTMENT 220, 87 HIGH ST, PRAHRAN, VIC, 3181	1	1	1	$429,000
	UNIT 104, 6 SYDNEY ST, PRAHRAN, VIC, 3181	2	2	2	$1,390,000 - $1,440,000
	46 HIGHBURY GR, PRAHRAN, VIC, 3181	2	1	1	$1,300,000 - $1,400,000
	83 BAYVIEW ST, PRAHRAN, VIC, 3181	2	1		$1,300,000 - $1,400,000
	UNIT 401, 22 CHATHAM ST, PRAHRAN, VIC, 3181	1	1		$330,000 - $360,000
	UNIT 1, 525 HIGH ST, PRAHRAN, VIC, 3181	2	2	2	$895,000 - $955,000
	UNIT 44, 8 SYDNEY ST, PRAHRAN, VIC, 3181	2	1	1	$720,000 - $760,000
	74 BENDIGO ST, PRAHRAN, VIC, 3181	3	1	2	Auction This Saturday 10.30am - Open from 10am
	UNIT 106, 1 MOUNT ST, PRAHRAN, VIC, 3181	2	1	1	$580,000-$620,000
	UNIT 3, 43 GRANDVIEW GR, PRAHRAN, VIC, 3181	1	1	1	$389,000
	22 BENDIGO ST, PRAHRAN, VIC, 3181	4	2		Contact Agent
	UNIT 32, 20 ST EDMONDS RD, PRAHRAN, VIC, 3181	3	2	2	EOI $395,000 -$430,000
	UNIT 401, 8 PRINCES CL, PRAHRAN, VIC, 3181	2	2	1	Under Offer
	APARTMENT 110, 10 PORTER ST, PRAHRAN, VIC, 3181	2	2	1	$665,000

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