Thinking about buying in Prahran? Now could not be a better time, with 11472 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,434,000 with prices in this suburb ranging from $27,000 to $22,556,000. Prahran is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prahran Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Prahran driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Prahran ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Prahran classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Prahran necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Properties for sale Prahran

	UNIT 202, 105 HIGH ST, PRAHRAN, VIC, 3181	2	2	0	Under Offer
	68 WILLIAMS RD, PRAHRAN, VIC, 3181	3	1	1	$1,400,000 - $1,500,000
	UNIT 12, 26 WYNNSTAY RD, PRAHRAN, VIC, 3181	1	1	1	$350,000 - $375,000
	UNIT 22, 66-68 MURRAY ST, PRAHRAN, VIC, 3181	1	1	1	$380,000 - $410,000
	56 SPRING ST, PRAHRAN, VIC, 3181	2	1		$940,000 - $1,020,000
	UNIT 9, 107 WILLIAMS RD, PRAHRAN, VIC, 3181	1	1		$300,000 - $330,000
	UNIT 19, 20 ST EDMONDS RD, PRAHRAN, VIC, 3181	1	1	1	$400,000 - $440,000
	1C PERCY ST, PRAHRAN, VIC, 3181	3	2	2	$1,700,000 - $1,850,000
	UNIT 817, 31 GRATTAN ST, PRAHRAN, VIC, 3181	1	1	1	$465,000
	UNIT 502, 525 HIGH ST, PRAHRAN, VIC, 3181	4	1	2	$2,049,000
	UNIT 6, 317 DANDENONG RD, PRAHRAN, VIC, 3181	2	1	1	$480,000 - $520,000
	UNIT 112, 31 GRATTAN ST, PRAHRAN, VIC, 3181	1	1	1	$375,000 - $400,000
	UNIT 29, 6 WILLIAMS RD, PRAHRAN, VIC, 3181	3	2	2	$2,100,000 - $2,300,000
	UNIT 303, 652 HIGH ST, PRAHRAN, VIC, 3181	2	2	1	$900,000
	APARTMENT 211, 10 PORTER ST, PRAHRAN, VIC, 3181	2	2	1	$585,000 - $615,000
	UNIT 9, 1 GREVILLE ST, PRAHRAN, VIC, 3181	2	1	1	Private Sale $730,000
	UNIT 22A, 10 CLIFTON ST, PRAHRAN, VIC, 3181	1	1	1	$400,000 - $440,000
	UNIT 205, 47 PORTER ST, PRAHRAN, VIC, 3181	2	1	1	$550,000 - $595,000
	UNIT 5, 22 TRINIAN ST, PRAHRAN, VIC, 3181	1	1	1	Under Offer
	APARTMENT 110, 120 GREVILLE ST, PRAHRAN, VIC, 3181	1	1	1	$380,000 - $418,000
	APARTMENT 116, 87 HIGH ST, PRAHRAN, VIC, 3181	1	1	1	$350,000-$385,000
	UNIT 302, 11 HILLINGDON PL, PRAHRAN, VIC, 3181	2	1	1	$650,000 - $715,000
	UNIT 204, 10 HILLINGDON PL, PRAHRAN, VIC, 3181	1	1	1	$470,000 - $517,000
	UNIT 118, 31 GRATTAN ST, PRAHRAN, VIC, 3181	2	2	1	$700,000-$770,000
	UNIT 101, 153B HIGH ST, PRAHRAN, VIC, 3181	1	1	1	$225,000 - $247,500
	UNIT 8, 123 CHOMLEY ST, PRAHRAN, VIC, 3181	2	1	1	$650 Per Week
	UNIT 111, 36 PORTER ST, PRAHRAN, VIC, 3181	2	1	1	$560,000 -$615,000
	UNIT 4, 321 DANDENONG RD, PRAHRAN, VIC, 3181	2	1	1	$1,185,000 - $1,265,000
	UNIT 715, 31 GRATTAN ST, PRAHRAN, VIC, 3181	2	2	1	$580,000-$620,000
	UNIT 402, 8 PRINCES CL, PRAHRAN, VIC, 3181	1	1		$440,000-$480,000
	APARTMENT 501, 120 GREVILLE ST, PRAHRAN, VIC, 3181	3	2	2	$1,550,000 - $1,650,000
	48-50 GREVILLE ST, PRAHRAN, VIC, 3181	5	4	3	Contact Agent
	UNIT 72, 4 SYDNEY ST, PRAHRAN, VIC, 3181	2	2	1	$890,000 - $979,000
	UNIT 102, 525 HIGH ST, PRAHRAN, VIC, 3181	2	2	1	$825,000
	APARTMENT 501, 27 MACQUARIE ST, PRAHRAN, VIC, 3181	1	1	1	$480,000-$520,000
	45 WRIGHTS TCE, PRAHRAN, VIC, 3181	2	1		Contact Agent
	UNIT 505, 105 HIGH ST, PRAHRAN, VIC, 3181	2	2	1	$680,000 - $740,000
	UNIT 43, 321-323 CHAPEL ST, PRAHRAN, VIC, 3181	2	1		$420,000
	15 ST MATTHEWS WAY, PRAHRAN, VIC, 3181	3	3	2	Contact Agent
	UNIT 104, 525 HIGH ST, PRAHRAN, VIC, 3181	2	2	1	$850 Per Week
	UNIT 27, 321-323 CHAPEL ST, PRAHRAN, VIC, 3181	2	1		$700,000
	59 YORK ST, PRAHRAN, VIC, 3181	2	1		$925 Per Week
	UNIT 2, 8 IRVING AV, PRAHRAN, VIC, 3181	2	1	2	$725 Per Week
	UNIT 509, 31 GRATTAN ST, PRAHRAN, VIC, 3181	2	2	1	$750 Per Week
	8A ABERDEEN RD, PRAHRAN, VIC, 3181	2	2	1	$925 Per Week
	UNIT 17, 12A ABECKETT ST, PRAHRAN, VIC, 3181	3	2	1	$1,300 Per Week
	43 HIGHBURY GR, PRAHRAN, VIC, 3181	3	2	2	$1,400.00 per week
	2A CHOMLEY ST, PRAHRAN, VIC, 3181	2	2	2	$720 Per Week
	UNIT 205, 11 HILLINGDON PL, PRAHRAN, VIC, 3181	1	1	1	$650 Per Week
	43 PRIDHAM ST, PRAHRAN, VIC, 3181	2	1		$740 Per Week
	UNIT 407, 10 HILLINGDON PL, PRAHRAN, VIC, 3181	2	1	2	$830 Per Week
	UNIT 205, 139 YORK ST, PRAHRAN, VIC, 3181	1	1	1	$440,000 - $480,000
	UNIT 10, 48 CHOMLEY ST, PRAHRAN, VIC, 3181	2	1	1	$450,000 - $490,000
	UNIT 110, 525 HIGH ST, PRAHRAN, VIC, 3181	2	2	2	For Sale Appointment Only
	UNIT 3, 56-58 CHATSWORTH RD, PRAHRAN, VIC, 3181	1	1	1	$470,000 - $500,000
	UNIT 1110, 15 CLIFTON ST, PRAHRAN, VIC, 3181	2	2	2	620000
	UNIT 12, 3-5 CHOMLEY ST, PRAHRAN, VIC, 3181	2	1	1	500000
	UNIT 26, 20 WYNNSTAY RD, PRAHRAN, VIC, 3181	2	1	2	$585,000
	UNIT 519, 15 CLIFTON ST, PRAHRAN, VIC, 3181	2	1	1	$423,000 - $465,000

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