Prahran, 3181 ranked 256th in VIC when comparing growth in median property values or capital gain over the last 12 months. Prahran is one of 2098 in our list for VIC
While Prahran,3181 ranked number 440th in VIC for increase in median house value (annualised) increase, it is ranked 17th over the last 5 years.
Vendor discounting in Prahran is giving property investors an average Vendor Discount of around -8.33%. This puts suburb at number 72th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $625 mark per week – giving a return of 2.07% based on the median price in Suburb
Prahran, 3181 ranked 292th in VIC when comparing growth in median property values or capital gain over the last 12 months. Prahran is one of 2098 in our list for VIC
Comparing Prahran,3181 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.87% offered to property buyers. Sellers in Prahran itself are offering an average vendor discount of -7.00% to real estate investors.
In the last year 213 properties changed hands in Prahran, which puts it as the 30th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $399.5 weekly from the median priced house in this suburb.