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Investment Property Prahran, VIC, 3181

Suburb Snapshot

Prahran is a suburb in the Stonnington Region of Victoria. Prahran has a population of 12,984 people and 46.44% of its occupants live in rental accommodation. The median listing price for houses is $1,500,000 and this has changed 0.00% over the past year and changed 0.00% over 2 years.

The median rent in Prahran for houses is $825 per week and the median rental yield is 2.86%. Stock on the market for houses/townhouses has changed 21.28% compared to last year and the average time to sell a house/townhouse is 38 days.The median listing price for units is $500,000 and this has changed 1.01% over the past year. The average unit takes 111 days to sell and the median rent for a unit in Prahran is $490 per week, producing a rental yield of 5.09%.

Supply & Demand in Prahran, Stonnington

1.73%

Current vacancy rate


149

Rental stock available


12,984

Population


46.44%

Rental population


1.55%

Current vacancy rate


951

Rental stock available


103,831

Population


38.99%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Prahran, Stonnington

  House Townhouses Units
Median listing price $1,500,000 $1,100,000 $500,000
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year 0.00% -13.73% 1.01%
Median price change - 2 years 0.00% -1.35% 0.30%
  House Townhouses Units
Median weekly rent $825 $900 $490
Median yield % 2.86% 4.25% 5.09%
Median rent change - 1 year 7.84% -1.10% 8.88%
  House Units
Previous month sales 21 24
Stock on market previous month 57 128
Stock variance vs. last year 21.28% 4.07%
Average days on market 38 111

Prahran investment property listings

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