Prahran, VIC 3143
City of StonningtonAll suburbs in postcode 3143
Updated
Median house price
$1,667,500
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Prahran?
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Prahran at a glance
- Median unit
- $524,000
- Population
- 12.2k
- Median age 34
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Population: 2021 Census
House prices in Prahran
Houses change hands at $1,667,500 on a typical sale, well above the Victoria median. Units come in around $524,000, roughly 69% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $334,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Free appraisal in Prahran
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What to know about Prahran
Prahran (3143) sits in the Stonnington region of Victoria. The median house here is $1,667,500, well above the Victoria median of around $850K.
Prahran has roughly 12,203 residents, with a young-family demographic. Households are renter-heavy.
Location
Demographics
The 2021 Census put Prahran's population at 12,203, with a median age of 34. That sits as a young-family demographic. Households are renter-heavy (44% own, 54% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (46%), often a marker of unit-heavy stock and walkable infrastructure.
- Family households
- 44%
- Lone person
- 46%
- Owner occupied
- 44%
- Renter occupied
- 54%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Questions about Prahran
- What is the median house price in Prahran?
- The median house price in Prahran, VIC 3143 is $1,667,500 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $524,000.
- How much is my house worth in Prahran?
- A useful starting point is the Prahran median house price of $1,667,500 (units $524,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Prahran postcode?
- Prahran is in the 3143 postcode, in VIC, in the City of Stonnington region.
- Where is Prahran?
- Prahran is a suburb in the City of Stonnington area, VIC 3143.
- What is the population of Prahran?
- The population of Prahran is approximately 12,203 (2021 Census). The median age is 34.
Selling in Prahran? Get the free selling guide
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More on Prahran and nearby
Prahran
Selling in VIC
Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.