Prahran is located just 5km outside of the CBD and is known for being an offbeat, cosmopolitan enclave that attracts both young and old. The main streets are filled with trendy coffee shops, hip brunch spots and plenty of amenities, which are all serviced by ample public transport.
The leafy residential streets of Prahran also offer a touch of luxury and feature elegant Edwardians, chic apartments and modern mansions. This thriving Melbourne suburb has a youthful spirit with a touch of class, making Prahran a popular place to live.
Prahran Real Estate Agents
Marshall White is one of the leading real estate agents in Prahran and has over 50 years of experience in the area. Prahran real estate is some of the most sought after in Melbourne, which means properties are in high demand and tend to result in bidding wars.
In order to navigate the property market, having a skilled and efficient realtor is paramount to ensuring that you are getting the best price and the right home for you.
All of our Prahran real estate agents are top negotiators and understand what it takes to secure your perfect home. If you are looking for homes for sale in Prahran, Marshall White also has access to some of the most exclusive listings in the area. This is because we have a proven track record, and go above and beyond to ensure a positive outcome for all involved.
When it comes to selling your Prahran property, Marshall White is the leader in marketing, promoting and finding the right buyer for your home. It is our honest approach and integrity with all that we do, that has earned us the loyalty of the Prahran community. But don’t just take our word for it. Here are just some of the houses for sale in Prahran that our agents have closed at great prices –
32 Lorne Road (4 bed/ 2bath)- $2,235,000
117 Charles Street (3 bed/1 bath)- $1,255,000
93 Charles Street (3 bed/ 2bath)- $2,180,000
76 Pridham Street (2 bed/1 bath)- $1,182,000
43 Highbury Grove (3 bed/ 1 bath)- $1,651,000
1/6 Miller Street (2 bed/ 1bath)- $1,195,000
Marshall White has a proven track record when it comes to real estate in Prahran, and is the best choice for you and your home.
Houses, Homes & Land for Sale Prahran
Prahran is a lively suburb located 5 km outside of the CBD and is home to boutique shopping, trendy cafes and plenty of nightlife. The iconic fashion strip, Chapel St. also runs through Prahran, adding to the appeal and glamorous lifestyle of this Melbourne suburb.
The area is also home to Swinburne University, close to public and private schools and is serviced by trams, buses and trains. All of this combined makes Prahran one of the most sought after suburbs to buy property in Melbourne, particularly for independent and professional youth.
Around 50 percent of the buyers in Prahran are between 20-35 years old, and many students are also attracted to the area due to the amenities available. Real estate in Prahran attracts a lot of attention from buyers and spends an average of just 32 days on the market. Each listing also averages around 530 visits, which is significantly higher than the overall median for Victoria, which is around 499 visits per property.
Prices in Prahran reflect the demand, and the average homeowner is looking to spend at least $1.3 million for a piece of real estate. 2 to 3 bedroom homes in Prahran average between $1.1-$1.4 million, whereas 4-bedroom properties fetch upwards of $2.1 million.
Due to the number of independents and young couples in the area, units and apartments are also in high demand and average $600,000 for a 2-bedroom place. Renting is also extremely popular in Prahran, and prices range from $500-900 per week depending on the size and exact location. These prices are above average for Victoria but are on par for most inner city suburbs of Melbourne.
Property Management Prahran
Are you looking for someone to manage your Prahran property? No matter what your real estate needs are, Marshall White has all the skills and resources to help you. From managing the sale of your property to purchasing a property, Marshall White has the strongest reputation in the industry. We are also one of the few real estate companies in Melbourne that have experience selling prestigious and exclusive real estate in the multi-million dollar range.
Our Prahran real estate team also offer rental property management, which involves everything from helping you to find the perfect tenant to managing repairs. We strive to take all the hassle out of managing your Prahran rental property, to ensure that it remains a stress-free and lucrative investment for you.
It is our desire and enthusiasm to go above and beyond for our clients that have made us one of the premier realtors in Prahran. Whether you are looking to buy, sell or simply need your rental property managed, why not contact us today to see how we can assist you.
Prahran is located 5 km south-east of the CBD. Located in Melbourne’s inner south-east, Prahran is primarily a residential suburb with significant commercial activity along Chapel Street, High Street and Malvern Road. Prahran has a very youthful population, with a high percentage of one and two person households. Prahran also features Alfred Hospital and the City of Stonnington municipal offices, while the Sandringham railway line traverses the area.