There are 156 real estate agents servicing Prahran and surrounds. In 2014 they sold 272 properties. We have analysed all these Prahran agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents
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Which Real Estat Agent is an Australian company (ACN 092 013 931) established in 2011. We provide professional, free services to property sellers Australia wide, with operations in Sydney & Melbourne.
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Real Estate Agents Prahran – 2012/13 Performance
Prahran Real Estate Agents sold 272 properties over the last 12 months (125 houses and 147 units). On average these 125 Prahran houses took 68 days to sell and were sold at an average discount of -6% from their initial listing price. Prahran units on average took 80 days to sell and were sold at an average discount of -6% from their initial listing price.
The best Prahran Real Estate Agents sell properties considerably better than these average figures. We detail who these Prahran agents are in our free report
Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 156 agents operating in the Stonnington – Prahran council area servicing the Prahran market and 59 agencies, vendors should only use those Prahran agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Prahran property.
With total house growth of 47% over the last five years Prahran agents have had it reasonably easy selling into an appreciating market. Units have fared better growing at 56%. Growth in Prahran houses over the last year has been below the five year annual growth rate, coming in at 5% for houses (5yr average 9%) and below for units -10% (5yr average 11%).
Request your free report for the individual performance details of real estate agents in Prahran and the properties they have sold over the last couple of years.
With Prahran houses only selling on average every 12 years and units every 9 years, securing the best Prahran real estate agent to manage this infrequent transaction is crucial.
At the end of the day choosing the best Prahran real estate agent to sell your property can make years of difference to your personal financial situation.
Prahran is a suburb of Melbourne, Victoria, Australia, 5 km south-east from Melbourne's Central Business District. Its Local Government Area is the City of Stonnington. At the 2011 Census, Prahran had a population of 11,191.
Prahran is a part of Greater Melbourne, with many shops, restaurants and cafes. The area of Prahran, centred along Commercial Road is one of Melbourne's gay villages.
The shopping street Chapel Street is a mix of upscale fashion boutiques and cafes. Greville Street, once the centre of the Melbourne's hippie community, has many caf
Prahran takes its name from Pur-ra-ran, a compound of two aboriginal words, meaning "land partially surrounded by water", in 1837 by George Langhorne. The proximity of the Yarra River and a swamp to the southwest explains that description.
In 1837 George Langhorne named the area Pur-ra-ran, a compound of two aboriginal words, meaning "land partially surrounded by water". When he informed the Surveyor-General Robert Hoddle of the name, it was written as "Prahran".
Between the 1890s and 1930s Prahran built up a huge shopping centre, which by the 1920s had rivalled the Melbourne Central Business District. Large emporiums sprang up along Chapel Street.
Prahran also became a major entertainment area. The Lyric theatre, built on the corner of Victoria Street in 1911, burnt down in the 1940s. The Royal was the second old theatre built. The Empress, another popular theatre on Chapel Street, was destroyed by fire in 1971. The site was operated by the cut-price clothes and homewares chain Waltons for the next decade and was later developed into the Chapel Street Bazaar.
In the 1960s, in an effort to boost the slowly growing local population and inject new life into the suburb, the Victorian Government opened the Prahran Housing Commission estate, just off Chapel Street, together with a larger estate, located just north in South Yarra. Further complementing the high rise developments was a low density development between Bangs and Bendigo Streets.
In the 1970s, the suburb began to gentrify, with much of the remaining old housing stock being renovated and restored. The area had a substantial Greek population and many took advantage of the rise in property values during the 1980s, paving the way for further development and a subsequent shift in demographics.
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