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 | |
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 |