Explore property prices, sales activity and market trends to understand how the local market is performing over time.
Market data for Prahran is most useful when you compare houses and units as separate markets, because each property type can move at its own pace. Median prices, annual growth and sales activity each add context. Reading them together is more useful than relying on any one figure alone.
Compare median house and unit prices over time, alongside annual sales volume.
The median house price remained broadly steady over the past year. The median unit price remained broadly steady over the past year. More properties changed hands than the previous year, reflecting higher sales activity. Price movement was limited across both property types, while sales activity changed more noticeably.
Compare median house prices with nearby suburbs across different bedroom configurations.
Bedrooms
Key indicators that reflect current market conditions and sales activity.
Houses
House auction clearance rate
65%
House days on market
26 days
House properties sold
130
House rental median
$950 pw
Units
Unit auction clearance rate
83%
Unit days on market
28 days
Unit properties sold
429
Unit rental median
$550 pw
Properties sold
Census-based demographic information about the local community.
Population
12,203
Average age
34
Total dwellings
7,593
Avg household size
1.8
Ownership breakdown
Household composition

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