If you compare the increase in value of investment property in Prahran, 3181 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 2.33%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Prahran has increased when compared to the 5 year average annual rate.
Prahran is 524th on a list of best yielding suburbs for rents in VIC with a 2.13% return
With a capital gain of -0.37% for the last 12 months, Prahran, 3181 has performed for property investments than its average annual 5.59% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Prahran has given property investors a paper return of 3.19%. This puts Suburb as 134 on a list of fastest fasting appreciating suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Prahran, 3181. Typically our figures indicate that -0.27% is being offered, which puts this VIC suburb at 384th most discounted overall in Australia.