PRAHRAN 3181
State: VICPosiProp AI Investment Summary
PRAHRAN (VIC 3181) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Down -1.2%, with a median house buy price of $1,600,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,399,500
$1,700,000
$2,123,000
$1,600,000
Suburb Market Profile
Last month Prahran had 174 properties available for rent and 134 properties for sale. Median property prices over the last year range from $1,600,000 for houses to $500,000 for units. If you are looking for an investment property, consider houses in Prahran rent out for $900 PW with an annual rental yield of 2.9% and units rent for $550 PW with a rental yield of 5.6%. Prahran has seen an annual compound growth rate of -1.2% for houses and -5.7% for units.