Prahran, VIC 3181

Prahran, VIC 3181

Compare Part of Stonnington

4.82 km
Distance from CBD
18 k
Population

Auction Times

Sat 7 Oct
Auction Time Agency
2/307 Dandenong Road
2 1 1 Apartment
12:30 PM
Sat 7th Oct
Hocking Stuart
6/20 St Edmonds Road
2 1 1 Apartment
2:00 PM
Sat 7th Oct
Biggin & Scott
303/12 Anchor Place
2 1 1 Apartment
3:00 PM
Sat 7th Oct
Biggin & Scott
Median Sale Price
House
-
Updated on Jul 2023
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jul 2023
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
$1,500,000
-13.3% $730,000 $4,800,000 88
Median Sale Price
$1.54M
Based on 129 recorded sales within the last 12 months
Updated on 28 Sep 2023
Suburb Growth
-12.5%
Current Median Price: $1,540,000
Previous Median Price: $1,732,500
Based on 317 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2023)
Price Range Segments (12 months ending Aug 2023)
Median Weekly Rent Price
House
-
Updated on Jul 2023
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jul 2023
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 $2,000 302
2023
$775
+3.2% $365 $2,500 184
Median Rent Price
$780
per week
Based on 248 recorded rent within the last 12 months
Updated on 28 Sep 2023
Rent Price Growth
+7.7%
Current Median Rent: $780
Previous Median Rent: $720
Based on 571 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,540,000
Current Median rent: $780
Based on 377 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2023)

Auction Results For Prahran

Houses sold in Last 12 months ends 23 Sep 2023

$1.68M

Median Sale Price

63%

Clearance Rate

44/70

Sold/Reported

$7.5M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 2
$1.8 M - $2 M 1
$1.6 M - $1.8 M
(Median Price Range)
2
$1.4 M - $1.6 M 3
$1.2 M - $1.4 M 1

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