Median Sale Price
House
$1.57M
Updated on Dec 2020
2 BR $1.35M | 3 BR $1.71M | 4 BR $2.14M |
Unit
$500K
Updated on Dec 2020
1 BR $345K | 2 BR $612K | 3 BR $935K |
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 | $920,000 | -3.8% | $562,500 | $4,570,000 | 181 |
| 2013 | $970,000 | +5.2% | $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 | $1,550,000 | +3.2% | $760,000 | $4,470,000 | 158 |
| 2018 | $1,520,000 | -2.0% | $850,000 | $4,575,000 | 134 |
| 2019 | $1,420,000 | -7.0% | $560,000 | $3,310,000 | 121 |
| 2020 | $1,425,000 | +0.4% | $872,000 | $3,612,500 | 134 |
| 2021 | - | - | - | - | - |
Median Sale Price
$1.43M
Based on 134 recorded sales within the last 12 months
Updated on 21 Jan 2021
Suburb Growth
+0.4%
Current Median Price: $1,425,000
Previous Median Price: $1,420,000
Based on 254 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$650
Updated on Dec 2020
2 BR $600 | 3 BR $770 | 4 BR $1,000 |
Unit
$415
Updated on Dec 2020
1 BR $360 | 2 BR $465 | 3 BR $693 | 4 BR $923 |
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 | 314 |
| 2019 | $720 | +1.4% | $300 | $2,550 | 331 |
| 2020 | $700 | -2.9% | $300 | $2,000 | 310 |
| 2021 | - | - | - | - | - |
Median Rent Price
$700
per week
Based on 296 recorded rent within the last 12 months
Updated on 21 Jan 2021
Rent Price Growth
-2.9%
Current Median Rent: $700
Previous Median Rent: $720
Based on 622 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,425,000
Current Median rent: $700
Based on 430 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Prahran
Houses sold in Last 12 months ends 16 Jan 2021
$1.57M
Median Sale Price
78%
Clearance Rate
41/53
Sold/Reported
$2.65M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 2 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M (Median Price Range) | 5 | |
| $1.2 M - $1.4 M | 4 | |
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 |