The cosmopolitan area of Prahran is renowned for its entertainment and its lively atmosphere. In a suburb only 5km south-east of the city, this is the place to be for Melbourne’s social butterflies.
It’s a combination of South Yarra’s glamorous lifestyle combined with the neu-wave cool of Windsor’s retro way of life; the perfect flavour of the two.
Filled with boutique stores, trendy bars, gourmet cafés and glossy restaurants, this bustling suburb of 11,000 residents is nothing but attractive.
Who’s Next Door
The proximity to the Yarra River, the CBD, and St Kilda Beach welcome young and mature singles to either a cozy Edwardian or Victorian terrace or a sleek modern apartment. Walking down the narrow side streets of Prahran, one will also find many art-deco and mid-century mansions; a beautiful way to retain Prahran's historic homes, while designer apartments are also plentiful.
In Prahran, you’ll find many young singles, as well as those interested in the arts walking down the known streets of Greville, A’Beckett, Chapel and Porter.
Prahran is extremely well serviced by Public Transport, with many tram lines accessible from Chapel Street, High Street and Commercial Road as well as a Prahran Train Station on Greville Street. Not only does this help to make outings easy, but also quick!
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 café, a bite to eat at one of many bistros or restaurants, or ready to hit up the town and clubs for the night.
The Number Game
This upmarket and fashionable suburb means that buyers are craving any opportunity to get their hands on the next property to live or invest in. The level of competition for the market in Prahran is indeed very high, costing around $595,000 for an apartment with an estimated rental income of $500 p/w.
Prahran is a highly aspirational area to live in, and sleek modern apartments keep shooting up at a fast rate.