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Home › 156 Prahran Real Estate Agents Reviewed – Choose The Best
There is a huge difference between good and bad agents.
The best agents don’t just sell loads of properties - they sell them faster and at higher values. We've collected data on all of the top agents in Prahran below, so you can see what kind of difference an experienced agent makes.
In the past 12 months, Prahran real estate agents have sold 798 properties. Houses in Prahran spent 27 days on the market before selling and apartments 38 days. Most properties sold were units.
We have prepared a shortlist of agents operating in Prahran, but the agents on this list may not suit your style of property. Individual agent performance can vary significantly, even if the agents share the same agencies or office.
Which Real Estate Agent calculates a list of 3 top local agents from all agent sales data in the area, personalised to your property. Get started with our agent comparison tool.
Good agent selection means you increase your chances dramatically of a higher property price and an easy, quick sale. We can calculate a shortlist of top agents through our agent comparison tool.
To start selling, it's best to speak with a top-performing local real estate agent who has experience with properties like yours and can work well with you.
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A suitable agent should be focused on selling property near yours (bonus for the same street!), experienced at selling property like yours, have a strong history of successful negotiations, and possess a personality that works well with potential buyers and yourself. Most agents have a particular focus, e.g. houses within a certain area, price bracket, and a ranking within their agency. We do everything we can to identify these agents for you.
We've crunched the numbers on properties sold in Prahran and have identified top agents that don’t just sell a lot of properties, but those that appear to sell for more and faster than their competitors.
Top agents achieved 2.1x higher prices than the suburb average.
Skilled real estate agents can increase the value of your Prahran property through negotiation and driving competition among buyers. With strong negotiation skills and connections within the Prahran real estate field, they often deliver more than other real estate agents can.
The top 3 agents in Prahran sell 1.7x faster than the suburb average.
A strong advertising strategy or an extensive buyer’s database typically speeds up the selling process immensely, so ensure your agent can provide both.
Top agents achieved 3.0x more sales than the suburb average.
Top real estate agents in Prahran do not usually handle properties in just Prahran but also nearby suburbs that might not have similar property markets to Prahran. You need a top agent who has a core focus on selling property similar to yours in Prahran. Doing this will ensure that your property will sell for a better price and faster.
Our service is 100% free and no obligation to you.
We are an independent Australian company that helps property owners make informed decisions on which real estate agent to use. We provide independent performance data on real estate agents, making it easy for you to identify the best suited agents to interview and ultimately achieve the best price.
Instantly see agents, and compare based on sales, average sale price, property type & more.
Completely free to use. We receive a referral fee from the agent, only if they sell your property.
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The lowest fee should not be your top requirement in an agent. Rather, you should look for agents that can strongly back up their fee structure and commission rate.
An agent with a strong sales background in selling quickly and for a higher price will often cover their fee and more. Receive a shortlist of top agents in the local Prahran area from our agent comparison tool to sell confidently.
Prahran is one of the more affordable suburbs in Australia when it comes to real estate agent commission rates. Experience has shown us that real estate agent commission rates in Prahran average around 1.9%.
The commission rate in Prahran is on average lower than most other suburbs in Australia, which means you get to keep some more of your profit compared to sellers in other areas. Don’t forget that you can still negotiate a better rate with your agent, or how much goes into advertising.
Use the real estate agent fee calculator below to determine how much it may cost to sell your property in Victoria. Amounts calculated include 10% GST, but exclude other costs an agent may charge such as advertising and marketing.
Estimated Agent Commission
The data on this website, including in the graphs and calculator, is approximate in nature and should not be relied upon.
Talking to a top local real estate agent is a good first step to determine what you may be required to pay to sell your property and to understand the local property market.
The graph and calculator use data collected by Which Real Estate Agent in 2019, and provides a state-wide average estimation of commission rate. The data presented should only be used as an indication of what you may be required to pay.
Be careful of extra fees that may be charged by a real estate agent. We recommend you properly review the agency agreement and cost schedules, so there are no surprises when you are presented with the final bill.
There is almost always room to negotiate commissions with agents. Do not be afraid to ask for an agent fee structure that favours your situation and ensures the agent does their job.
However, remember that an agent willing to drop their agent fees to rock-bottom are not likely to have your best interests at heart. Make sure you’re not just padding out someone else’s sales statistics - you should spend a little more to make more.
Need more information about agent fees or costs? Read our comprehensive guide to the fees charged by agents here.
According to our data, you may want to consider selling your PRAHRAN property in 2025.
PRAHRAN has seen an average price growth of -0.2% over the last 10 years for apartments and units, which may make selling a little harder. Good agent selection will be important here to ensure you receive your property's worth.
Price growth for PRAHRAN houses over the last year has been below the ten year annual growth rate, coming in at -18.0% for houses (compared to the 10 year average, -0.7%).
Units/apartment values over the past 12 months in PRAHRAN have grown higher for 3.6%, compared to the 10 year average, -0.2%.
To find out how to sell your house and to find the best agent, click here.
There are several variables that can affect property values in PRAHRAN. To accurately estimate the value of your PRAHRAN property, these variables need to be taken into account.
One of the most significant, but surprising, contributors to your property price is proximity to loud areas or industry.
Several nearby types of infrastructure may drive your house value estimation down. Public infrastructure such as busy roads or flight paths could generate a lot of noise pollution which may deter some buyers, leading to your property selling at a lower price.
With so many potential factors affecting a property’s price, it’s best to do some research before talking to agents.
Figure out the value of your home, and start your selling journey with some confidence. Get started by requesting a property appraisal from an agent today.
There’s a lot to think about when selling your PRAHRAN property, and a lot of it happens before signing up with an agent.
Initially, you should look at the PRAHRAN property market and see if the conditions are right. Get an idea of how much your property is valued in the present day, starting with an independent property value report. Then you will want to contact and interview multiple agents (ideally around 3) and discuss selling methods, advertising and fees.
Make sure you are sure about selling, and are realistic about your property’s value when talking to agents. A mistake here could cost you. The best way to avoid costly missteps and get a good price is to sign up with a strong local real estate agent that can walk you through the whole selling process in an honest way.
If you need more in-depth information on each step of the selling process, read our comprehensive guide on selling here.
To find the top agents in your area, look into the sales histories and statistics behind each agent in your area. The best indicator is experience selling similar properties in the local area. This equates to knowledge behind positioning the property to the target market and an active list of prospective buyers that ultimately assists in achieving the best price.
Interview multiple agents to get a feel for fees and quality, and ask for as much proof as possible that they can do the job well.
Get more guides on choosing or finding the best agents here. Get a free shortlist of real estate agents in PRAHRAN by using our real estate agent comparison tool. We look into agents who sell quickly for the highest prices to ensure you get the best result.
If an agent we suggest is successful in selling your home, they pay us an industry-standard referral fee. If the agent is unsuccessful, there is no fee payable.
This means it is in our best interest to find a top-performing real estate agent that can sell your property with minimum fuss.
No. In comparison to our competitors, we do NOT have a limited database of agents to work with. We do not have special agreements with any agents or agencies for property sales.
Which Real Estate Agent is unique in that we carefully analyse the local agents in the area and base our recommendations upon individual agent sales histories and customer reviews.
In addition, we receive the same referral fee regardless of which suggested agent is chosen by you. We only receive the fee if the property is sold.
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.
During the 1990s, the population increased markedly, with demand for inner-city living fuelling a medium-density housing boom, which continues in the area, as part of the Melbourne 2030 planning policy. It was during the 1990s that solidification of the area’s homosexual community occurred. Many gay and gay-friendly businesses, including bars, clubs and bookstores can be found along Commercial Road, between Pran Central and the railway overpass.
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