LOCATION

Whether it’s catching a show at an independent theatre, clubbing until the early hours (or all hours if you so desire), or drinking and dining at one of the city’s hottest new venues, when it comes to revelry Prahran certainly doesn’t disappoint. This lively neighbourhood has the character and the stamina to keep you busy from day to night, to day again.

Prahran offers a sophisticated dining scene and leafy residential backstreets. Between the shopping mecca of Chapel Street and the low-key cool of Greville Street with its record stores and boutiques, friendly Prahran still manages to possess a village-like feel.

The shopping is first-rate and vintage fans can look to the delightful Chapel Street Bazaar where they’re likely to unearth a treasure or two amongst the store’s baroque spoils. While chic cafés are plentiful the numerous design studios and art galleries are a nod to the area’s creative past.

Iconic Prahran Market further cements the neighbourhood’s reputation as one of Melbourne’s premier foodie destinations.

Median House price $1,779,000

Surrounding Suburbs:

Toorak $5,380,000

South Yarra $2,192,500

Armadale $2,537,500

Malvern $2,884,000

The rear courtyard & upstairs rooms have spectacular park views of Victoria Gardens.