Got a valuable such as a gold watch or gold ring that you want to sell for cash?

Prahran Loan Company  has over 40 years experience in both the pawnbroker and gold industries which sits us above the competition. LEARN MORE


For keen shoppers who want variety and enjoy one-of-a-kind items, Prahran Loan is the best Melbourne pawn shop you could hope for! We have an impressive selection of products to please everyone, and we love helping customers find that perfect piece of jewellery they’ve been searching for. 



We make it easy getting cash fast by offering quick loan services that enable you to get a short term loan by loaning some of your valuables. Prahan Loan provides short term loans of $20 all the way up to a $50k! Our loans feature the industry’s most competitive interest rates with flexible payment options and terms.

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With more than 40 Years in the Industry, Prahran Loan in Frankston is the Oldest Pawnbroker on the Bayside area. We Buy, Sell, Loan, and Consign on anything of value. We pay the best prices for Gold and Diamond Jewellery and Quality Swiss Made Watches. We also buy Scrap Gold, Gold Bullion, Gold Coins. We also have the CHEAPEST pawnbroking rates on the entire Bayside and Mornington Peninsula area. We are known for being friendly, courteous, and talkative to our customers. Come and see us and find out for yourself.

OPENING HOURS Monday – Friday: 9:30am – 5:30pm

Saturday: 10:00am – 5:30pm Facebook


How much can I borrow aganist my goods?

We offer loans against your goods that range between $20 and $50,000.

What is your repayment period?

Our Minimum period for loan pick up’s is 7 days. Our Loan periods are for a Month with extensions available up to 3 Months or more.

Gold & Silver

We also buy gold and any other valuable items with the ability to offer our customers the best payouts for their valuables.

Looking to buy?

We sell a wide range of high quality items for discounted prices. Whether you’re in the market for a watch, to buy a present for someone or perhaps you want to spoil yourself, we can offer you a great deal on our products. We sell a wide range of high quality items for discounted prices.

Our  shop is home to a fantastic team of friendly staff who want to help you find what you’re looking for. Do yourself a favour and come see us for quality products – we’ve got everything from Antiques and Collectables, Tools, Diamond and Gold Jewellery, Musical Instruments, Watches, Cameras and much more…

What Our Clients Say

Hear are some of our customer reviews and their experience working with Prahran Loan.

“I’ve been dealing with Andrew and Peg. For twenty years they are THE BEST. So glad they are now in Frankston, they can’t be beaten for loans. Honest, reasonable and best rates in the state! your mad if you go anywhere else.”

Darin Ashe

“Great customer service, cheapest interest rate in Frankston, great range & variety of stock, everything from Vintage items to modern. Wide range of jewellery & goods. Very reasonable prices, really nice family run business. I would highly recommend this place to anyone.”

Tim Jenkin

“Amazing Pawnshop in Frankston. Although there are others in the area, I would only ever go to Prahran Loan on Ross Smith Avenue. They have a great range of things and, unlike any others in the area, there’s a magnificent range of rarer and unusual items, including vintage and antique. They are definitely the CHEAPEST on interest rates. As a Luxury watch collector, I have sold them several high-end Swiss watches, very happy with the prices paid, and I have also bought some very nice Swiss watches. Being in the industry as long as they have, they are incredibly helpful and informative. Friendly, very talkative, honest and transparent with their customers, I definitely most highly recommend them to anyone.”

Alexandros Megas

The best pawn broker in Frankston, fair interest rates, fair amounts offered for loans against good… owners are friendly and helpful, I have had to take out a few loans over the last few months, no pressure… happy to extend loans… I really recommend this shop to anyone in the area.”

Paul Fornal

Contact Us

Do you have something to buy or sell? Please get in touch as we would be happy to assist.

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