$412 ▲ +32.1%
Higher than 75% of state electorate areas.
- 2011: $312
- 2016: $400
- 2021: $412
Median weekly rent paid by households renting their home.
Prahran (Southern Metropolitan) · State Electorate
Housing & Dwellings in Prahran (Southern Metropolitan)
Where and how people live — the homes, how they are held, and what they cost.
Much higher housing costs than most areas define Prahran, where a typical weekly rent is $412. This is a predominantly rental market where over half of all households rent their homes, a figure far above the national average.
$412
▲ +32.1%
- $100–$118: 6 areas
- $118–$136: 1 area
- $136–$154: 0 areas
- $154–$171: 0 areas
- $171–$189: 4 areas
- $189–$207: 6 areas
- $207–$225: 10 areas
- $225–$243: 10 areas
- $243–$261: 21 areas
- $261–$279: 6 areas
- $279–$296: 16 areas
- $296–$314: 45 areas
- $314–$332: 33 areas
- $332–$350: 16 areas
- $350–$368: 38 areas
- $368–$386: 58 areas
- $386–$404: 44 areas
- $404–$421: 30 areas
- $421–$439: 21 areas
- $439–$457: 18 areas
- $457–$475: 12 areas
- $475–$493: 12 areas
- $493–$511: 6 areas
- $511–$529: 3 areas
- $529–$546: 3 areas
- $546–$564: 2 areas
- $564–$582: 4 areas
- $582–$600: 8 areas
All state electorate areas, 2021. The marker is Prahran (Southern Metropolitan) — higher than 75% of areas.
| Prahran (Southern Metropolitan) | $412 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $412 and monthly mortgage payments are $2,100, both of which are much higher than in most areas. Both figures have risen by $100 since 2011, staying a little above the Victorian and national figures.
$2,100 ▲ +5.0%
Higher than 76% of state electorate areas.
- 2011: $2,000
- 2016: $2,000
- 2021: $2,100
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Prahran (Southern Metropolitan), the largest group is $350–$549 at 47%, followed by $200–$349 (23%) and $550–$749 (15%).
Monthly mortgage distribution
View on map →Prahran (Southern Metropolitan) splits fairly evenly between $1,800–$2,999 (32%) and $3,000 or more (30%), with $1,000–$1,799 at 26%.
Owning & renting
How homes are owned or rented.
Renting is very common here, with 56.9% of households renting, which is far above the 30.6% national figure. Conversely, homes owned outright have fallen to 19.1%, a level far below both the state and national averages.
56.9% ▲ +52.8%
Higher than 96% of state electorate areas.
- 2011: 37.3%
- 2016: 59.5%
- 2021: 56.9%
Share of occupied private dwellings that are rented.
19.1% ▼ -38.1%
Lower than 90% of state electorate areas.
- 2011: 30.9%
- 2016: 18.0%
- 2021: 19.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Prahran (Southern Metropolitan), Rented is the majority at 57%; Owned with a mortgage is next at 21%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 75.5% of the market, and separate houses are among the lowest in the region at just 9.9%. This shift toward smaller homes is reflected in the fact that only 22.9% of dwellings have three or more bedrooms.
0.90 ▼ -25.0%
Higher than 86% of state electorate areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
9.9% ▼ -80.1%
Lower than 99% of state electorate areas.
- 2011: 49.6%
- 2016: 8.9%
- 2021: 9.9%
Share of occupied private dwellings that are separate houses.
22.9% ▼ -57.8%
Lower than 99% of state electorate areas.
- 2011: 54.3%
- 2016: 23.0%
- 2021: 22.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Prahran (Southern Metropolitan), Flat or apartment is the majority at 76%; Townhouse / semi-detached is next at 14%.
Bedrooms per home
View on map →In Prahran (Southern Metropolitan), the largest group is 2 bedrooms at 47%, followed by 1 bedroom (28%) and 3 bedrooms (18%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Prahran (Southern Metropolitan)
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Prahran (Southern Metropolitan) [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED26806/prahran/topic/housing-dwellings