Prahran
VIC 3181
Prahran is an inner suburb in the City of Stonnington, about 5 kilometres from the Melbourne CBD. Chapel Street is a major trading strip of fashion boutiques, cafes and restaurants, while High Street provides another established commercial corridor. Prahran station is on the Sandringham line, and trams serve the suburb.
Prahran has an office and consulting market, with office suites and floors, shopfronts, and medical or consulting suites in a busy inner-suburban centre. Windsor, South Yarra and St Kilda are nearby commercial comparisons.
63
Active lease listings
commercial properties
$55,000
Median annual rent
asking rent across all listings
186
Median days on market
across all active listings
Lease rate trend
$446/m² p.a.
Median advertised rate
Up 9.6%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Prahran. Drill down to individual listings in MarketBuddy
Listings by sector
33
Offices
active lease listings
15
Medical / Consulting
active lease listings
8
Retail and Shops
active lease listings
3
Industrial, Warehouse and Factories
active lease listings
2
Hotel and Leisure
active lease listings
1
Land and Developments
active lease listing
1
Other
active lease listing
Want to know more?
Explore commercial property insights for Prahran in MarketBuddy.
Last updated 5 September 2026