Over the last year, property investments in Prahran, 3181 have given investors a capital gain of 6.03%. This compares badly with the 11.00% for VIC as a whole.
Prahran,3181 was ranked 1447 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Prahran are currently offering property investors an average price cut of -7.24% below the asking price at the moment.
Property investors should expect to get $625 weekly from the median priced house in this suburb.
Prahran has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.62% to date .
Prahran,3181 was ranked 343 in Australia by increase in median property value over the quarter.
Property buyers and investors in Prahran 3181 should be seeing an average reduction in asking price of around -7.06% . This means that Prahran is holding prices well when compared to other suburbs in VIC.
Prahran is 215th on a list of best yielding suburbs for rents in VIC with a 3.90% return