Giving property investors a a solid capital gain of 13.90% for the last year, Prahran, 3181 is the 660th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Prahran comes in at number 10th in VIC.
Prahran, 3181 is offering VIC ‘s 36th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
In the last year 139 properties changed hands in Prahran, which puts it as the 181th most active market in VIC when comparing the number of sales per suburb.
Prahran, 3181’s gross rental yield is 2.14%
Prahran is in the bottom 30% in VIC when comparing median price capital growth over the last year. Prahran gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.87%.
When looking at the potential capital gains offered to property investors over the last 3 years, Prahran comes in at number 268th in VIC.
The most recent median price for Prahran is $527000, with sellers offering an average of -8.88% off the asking price.
On average over the past year, suburb has had 18.92 sales per month, which equates to 227 per year.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.