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3181 · VIC

Prahran

Data updated Q4 2025 · 256 bond lodgements/qtr

HouseUnit
Median rent$1,000/wk$540/wk
1yr change 11.1%(was $900/wk) 10.7%(was $488/wk)
3yr change 35.1%(was $740/wk) 38.5%(was $390/wk)
Vacancy rate1.3%low availability
Bond lodgements256 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 1.3%, availability in Prahran is low. Competition for rentals remains high, giving landlords above-average leverage.

Other suburbs in VIC

Fitzroy$850/wk 10.4%
Richmond$900/wk 10.4%
St Kilda$950/wk 10.5%
South Yarra$1050/wk 11.1%
Brunswick$780/wk 11.4%
Carlton$850/wk 11.1%

Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.

$/wk
Median rent in Prahran (2-bed unit): $459/wkQ4 2025 · 256 bonds