Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 9 Larnook Street 3 2 0 House | 10:00 AM Sat 27th Apr | Jellis Craig Bennison Mackinnon |
 | 6/56 Chatsworth Road 2 1 1 Apartment | 10:00 AM Sat 27th Apr | Biggin & Scott |
 | 25 Ivy Street 3 1 1 House | 11:00 AM Sat 27th Apr | Jellis Craig |
 | 5/43 Grandview Grove 1 1 1 Apartment | 11:00 AM Sat 27th Apr | Hodges |
 | 67 Henry Street 2 1 0 House | 12:30 PM Sat 27th Apr | Hocking Stuart |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 11/26 Wynnstay Road 1 1 1 Apartment | 10:30 AM Sat 4th May | Hocking Stuart |
 | 1 Arkle Street 3 2 1 House | 10:30 AM Sat 4th May | Abercromby's Real Estate |
 | 4/10 Clifton Street 2 1 2 Townhouse | 11:00 AM Sat 4th May | Beller Real Estate |
 | 3/12 Lewisham Road 2 1 1 Apartment | 1:00 PM Sat 4th May | Hodges |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $868,000 | 0.0% | $256,000 | $2,264,000 | 181 |
| 2010 | $922,000 | +5.9% | $195,000 | $4,410,000 | 209 |
| 2011 | $955,000 | +3.5% | $112,000 | $3,740,000 | 161 |
| 2012 | $922,500 | -3.5% | $562,500 | $4,570,000 | 181 |
| 2013 | $970,000 | +4.9% | $1,189 | $4,690,000 | 213 |
| 2014 | $1,120,000 | +13.4% | $500,000 | $4,500,000 | 203 |
| 2015 | $1,300,000 | +13.8% | $737,000 | $4,617,500 | 165 |
| 2016 | $1,500,000 | +13.3% | $428,000 | $9,320,000 | 150 |
| 2017 | $1,570,000 | +4.5% | $760,000 | $4,500,000 | 158 |
| 2018 | $1,520,000 | -3.3% | $850,000 | $4,575,000 | 134 |
| 2019 | $1,468,000 | -3.5% | $560,000 | $3,310,000 | 122 |
| 2020 | $1,605,000 | +8.5% | $856,500 | $16,000,000 | 139 |
| 2021 | $1,750,000 | +8.3% | $870,000 | $7,025,000 | 178 |
| 2022 | $1,700,000 | -2.9% | $940,000 | $7,500,000 | 153 |
| 2023 | $1,720,000 | +1.2% | $730,000 | $8,200,000 | 135 |
| 2024 | $1,670,000 | -3.0% | $1,090,000 | $3,886,000 | 41 |
Median Sale Price
$1.75M
Based on 151 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
+6.9%
Current Median Price: $1,745,000
Previous Median Price: $1,625,000
Based on 279 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $600 | 0.0% | $260 | $3,000 | 204 |
| 2012 | $600 | 0.0% | $240 | $2,500 | 235 |
| 2013 | $595 | -0.8% | $240 | $1,350 | 241 |
| 2014 | $600 | +0.8% | $280 | $1,400 | 217 |
| 2015 | $630 | +4.8% | $260 | $1,800 | 368 |
| 2016 | $660 | +4.5% | $340 | $3,300 | 321 |
| 2017 | $700 | +5.7% | $320 | $3,250 | 336 |
| 2018 | $710 | +1.4% | $250 | $3,250 | 315 |
| 2019 | $720 | +1.4% | $300 | $2,550 | 333 |
| 2020 | $700 | -2.9% | $300 | $2,000 | 317 |
| 2021 | $700 | 0.0% | $260 | $2,500 | 313 |
| 2022 | $750 | +6.7% | $310 | $2,000 | 304 |
| 2023 | $775 | +3.2% | $300 | $2,500 | 257 |
| 2024 | $875 | +11.4% | $475 | $2,995 | 65 |
Median Rent Price
$800
per week
Based on 225 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
+6.3%
Current Median Rent: $800
Previous Median Rent: $750
Based on 537 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,745,000
Current Median rent: $800
Based on 376 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Prahran
Houses sold in Last 12 months ends 20 Apr 2024
$1.44M
Median Sale Price
68%
Clearance Rate
62/92
Sold/Reported
$3.89M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 2 | |
| $2 M - $3 M | 1 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M (Median Price Range) | 2 | |
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 2 | |
Similar Suburbs to Prahran 3181
Based on median house sale price sold in last 12 months
Schools closest to Prahran, VIC 3181
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| PCW Melbourne | Windsor 3181 | Secondary | Independent | 0.7 km |
| Stonnington Primary School | HORNBY STREETWindsor 3181 | Primary | Government | 0.86 km |
| St Mary's Primary School | NEW STDandenong 3175 | Primary | Catholic | 1.08 km |
| St Michael's Grammar SchoolTop 50 | 25 - 27 CHAPEL STREETSt Kilda 3182 | Combined | Independent | 1.14 km |
| South Yarra Primary School | 601 PUNT ROADSouth Yarra 3141 | Primary | Government | 1.08 km |
| Victorian College For The DeafTop 50 | 597 ST KILDA ROADMelbourne 3004 | Special | Government | 1.02 km |
| Christian Brothers' College | St Kilda East 3183 | Secondary | Independent | 1.29 km |
| Christ Church Grammar SchoolTop 50 | 677 PUNT RDSouth Yarra 3141 | Primary | Independent | 1.36 km |
| Wesley College | 577 ST KILDA RDMELBOURNE 3004 | Combined | Independent | 1.25 km |
| Melbourne High SchoolTop 5 | FORREST HILLSouth Yarra 3141 | Secondary | Government | 1.6 km |