SOLD
RECENT ADVICE
Sold on 23 Nov 2024 for $586,000

5/3 Rae Court
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 1132m2
Sold By
Belle Property Armadale
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Property Details for 5/3 Rae Ct, Prahran

5/3 Rae Ct, Prahran is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1132m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
83m2
Land Size
1132m2
Local Government
Stonnington
Lot/Plan
5/RP18134

Last Listing description (November 2024)

Discover your private retreat in the heart of Prahranan elevated two bedroom Windsor Park apartment that perfectly blends space, light and tranquillity. Nestled in a quiet cul-de-sac beside Lumley Park, this apartment offers more than just square footage; its an escape from the bustle, with an open layout that invites the outside in.

Afternoon sunlight floods the west facing living and dining area through wide windows, framing leafy views and creating a peaceful, natural backdrop to daily life. The kitchen, designed for both functionality and enjoyment, is equipped with ample storage, a breakfast bar, stainless steel appliances including a full size dishwasher and a calming eastward view that turns every morning into a serene start.

Both bedrooms are spacious and fitted with floor-to-ceiling robes, while the bathroom features a separate bath and shower. Additional appointments include polished timber floorboards, gas heating, laundry room and private lock-up single garage.

With trams, trains, and buses close by, getting to the boutique shops on Chapel Street, Victoria Gardens, the cafs of High Street, or the laid-back vibe of St Kilda is effortless. This is not just a place to liveits a chance to experience Prahran from a whole new perspective.

Property History for 5/3 Rae Ct, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$586,000
23 Nov 2024
  • 23 Nov 2024
    Sold for $586,000
  • 30 Oct 2024
    Listed for Sale $586,000
  • 20 Oct 2015
    Listed for Sale Price on application
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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 10,555 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 28 properties listed for sale, and 19 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 504 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.