At number 1240th in the list of Australian suburbs ordered by increase in median house value over the last year, Prahran, 3181 is in the top 30% with a property value increase of 9.28% recorded in median house prices.
Across a shorter period, Prahran, 3181 has seen a median price increase of 0.42% over the last quarter.
Prahran, 3181 is offering VIC ‘s 47th 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.
Often selling an investment property can take time, and in Prahran the average time real estate has been on the market is 54.2 days.
VIC has seen average median house prices change by 3.49% which means that Prahran, 3181 has done well for property investors by showing a capital gain of -4.34% over the last year
A 5.63% growth in median value for property investors in Prahran,3181 puts this suburb at number 317th in terms of best performing suburbs in VIC
The most recent median price for Prahran is $507000, with sellers offering an average of -8.42% off the asking price.
Renters in Suburb are facing rents around $4764 per annum or $397 every week.