OFF MARKET

5/2 Rae Court
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 714m2
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Property Details for 5/2 Rae Ct, Prahran

5/2 Rae Ct, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 714m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1970
Floor Size
74m2
Land Size
714m2
Local Government
Stonnington
Lot/Plan
5/SP19967

Last Listing description (November 2023)

Floating amongst the treetops with glorious views at every turn, this exquisite fully renovated two bedroom apartment with automated garage is bathed in natural light from dawn to dusk. Residing in the highly regarded Oldsmere building of only eight apartments within a quiet and consistently sought-after court, this rare offering is unique in amenity and outlook.

The living and dining zone is a sublime space for both rest and entertaining with its beautiful north-east corner windows framing the leafy outlooks and sunlight, Spotted Gum timber flooring and fluted glass French doors. The separate kitchen is an impeccable workspace with its classic colourings, elegant stone benchtops, a fabulous amount of storage and smartly integrated dishwasher and laundry facilities.

The two double bedrooms with mirrored built-in robes are filled with beautiful natural light and leafy vistas, while the main bedroom features Scandi window furnishings for a touch of elegance. The central fully tiled bathroom is superbly finished and complete with a huge shower perfect for unwinding after a long day.

With high end finishes throughout including Berber carpets, sheer and block out blinds, excellent built-in storage, split system heating and air conditioning and a deep garage with remote door and L-shaped storage section, this turn-key ready apartment caters to your every want and need. Rest assured, this well-maintained and managed block, guarantees a peaceful living environment. Situated on the top floor in the east wing, you'll also have access to a communal leafy courtyard.

With a multitude of transport options at your doorstep including both trams and buses, enjoy easy access to Chapel Streets boutique shopping, High Street cafes, restaurants and well regarded pubs, Hawksburn Village and Lumley and Victoria Gardens as well as South Yarras lifestyle options.

Property History for 5/2 Rae Ct, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$675,500
16 Oct 2023
Listed for Rent
$325/w
20 Jan 2009
  • 16 Oct 2023
    Sold for $675,500
  • 20 Sep 2023
    Listed for Sale Under Offer
  • 20 Oct 2015
    Listed for Sale Contact Agent
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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 10,558 properties. Over the last 5 years, Houses in Prahran have seen a 10.60% increase in median value, while Units have seen a 5.10% increase. As at 31 October 2024:

  • The median value for Houses in Prahran is $1,718,651 while the median value for Units is $555,773.
  • Houses have a median rent of $760 while Units have a median rent of $525.
There are currently 31 properties listed for sale, and 15 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 484 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.