FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Prahran, Victoria 6.8 out of 10 (Workhorse Investment) as of May 2026.
Prahran delivers a robust inner-city investment just 5km from the CBD, underpinned by critically low supply and a consistently high demand score of 8/10. This creates an exceptionally tight rental market, evidenced by a 1.2% vacancy rate, driving its "Workhorse Investment" status and solid 6% annual price growth for investors prioritising long-term appreciation.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Prahran, Victoria 6.8 out of 10 (Workhorse Investment) as of May 2026. Prahran delivers a robust inner-city investment just 5km from the CBD, underpinned by critically low supply and a consistently high demand score of 8/10. This creates an exceptionally tight rental market, evidenced by a 1.2% vacancy rate, driving its "Workhorse Investment" status and solid 6% annual price growth for investors prioritising long-term appreciation.
The median house price in Prahran, VIC is $1.86M. Weekly rent of $1050 against a 2.9% gross yield underpins this figure.
Prahran has a gross rental yield of 2.9%, with a median weekly rent of $1050. 12-month price growth is tracking at +6.0%.
Based on its market signals, Prahran aligns with: Defensive Hold.