Apartments and developments for sale in Prahran

93 developments , 24353 properties
Marida
From $839,000
Mordialloc, VIC 3195
  • Bed3-4
  • Bath2-3
  • Car2
From $839,000
Duke St
From $2,050,000
St Kilda, VIC 3182
  • Bed3-4
  • Bath3
  • Car2
From $2,050,000

About Prahran Victoria 3181

Welcome to Prahran - Investment Townhomes in one of Melbourne’s most cosmopolitan suburbs.

The cosmopolitan Prahran is renowned for its entertainment and its lively atmosphere. Located only 5km south-east of the city, this is ‘the’ place to be for Melbourne’s social butterflies. A combination of South Yarra’s glamorous lifestyle and neu-wave cool of Windsor’s retro chic gives Prahran its unique charm. 

Filled with boutique stores, trendy bars, gourmet cafes and glossy restaurants, this bustling suburb is extremely attractive. 

Who’s next door? An architectural mix of the old and the new for families and young professionals. 

Prahran is home to an eclectic mix of cosy Edwardian or Victorian terraces and sleek modern townhomes. Walking down the narrow side streets of Prahran, you will find many art-deco and mid-century mansions; a beautiful way to retain Prahran’s history homes against a suite of contemporary designer townhomes - with plenty of appeal for both investors and owner occupiers. 

An idyllic social village means an in-demand investment property scene. 

Home to retail emporiums and many boutique stores, Prahran is the perfect little social village to catch up with friends for a walk down the shopping strip, enjoy a quick coffee at a trendy cafe, a bite to eat at one of many bistros or restaurants, or ready to hit up the town and clubs for the night. 

This upmarket and fashionable suburb is well serviced by public transportation networks, with many tram lines accessible from Chapel Street, High Street and Commercial Road as well as the Prahran Train Station on Greville Street. This heightened connectivity ensures outings are both easy and quick. 

Prahran investment townhomes - the numbers game 

This upmarket and fashionable suburb means that both investors and owner occupiers are craving any opportunity to get their hands on the next property to either invest in or live in. The level of competition for the market in Prahran is indeed very high, costing around $575,000 for a townhome with an estimated rental income of $450 p/w for townhomes. Prahran is a highly aspirational area to both live in or invest in with numerous sleek modern townhomes being developed across the suburb. 

Demographics of Prahran, Victoria 3181
7,898
Households
63.6%
Younger Professionals
Aged under 35 – Young, successful, career-driven professionals with no children.
21.1%
Early Careers
Aged 25-34 – Educated millennials and younger blue-collar workers at the start of their careers.
6.1%
Established Families
Aged 35-54 – White collar families with school-aged children.
About this data - The statistics above have been sourced from Mosaic demographic data that is the copyright property of Experian Australia Pty Limited (or its licensors).