103/27 Macquarie StreetPrahran VIC 3181
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Blue-chip investment opportunity, stong 5.6%+ investment yield.
Property Details for 103/27 Macquarie St, Prahran
103/27 Macquarie St, Prahran is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Shape Property Pty Ltd.
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About Prahran 3181
The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.
Prahran has 10,644 properties. Over the last 5 years, Houses in Prahran have seen a 12.42% increase in median value, while Units have seen a 7.00% increase. As at 31 August 2024:
- The median value for Houses in Prahran is $1,637,271 while the median value for Units is $555,116.
- Houses have a median rent of $750 while Units have a median rent of $530.
Suburb Insights for Prahran 3181
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