SOLD
Sold on 02 Dec 2023 for $594,500

7/2 Rae Court
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 714m2
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Hodges Prahran | South Yarra
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Property Details for 7/2 Rae Ct, Prahran

7/2 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 December 2023. There are other 2 bedroom Unit sold in Prahran in the last 12 months.

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

Last Listing description (November 2023)

Sporting generous dimensions, this north-facing top-floor apartment, with a lock-up garage, offers an open and airy ambience. Glimpses of greenery can be seen from almost every window, promoting a sense of calm and connection to the peaceful outdoors.

Located in a quiet cul-de-sac, it serves as perfect launchpad for exploring the surrounding amenities, including trams, Windsor Station, the bustling eateries and retail offerings on Chapel and High Streets, and calm Lumley Park. It's a chance to experience living life like a true Prahran local.


The living and dining room flows easily onto an adjoining balcony. Large windows invite ample natural light into the space, enhancing the inviting feel. The kitchen and bathroom are ready for a modern refresh to reflect your personal style through a simple transformation. The two bedrooms are fitted with built-in robes.

Additional features include floorboards, a split-system air conditioner and secure intercom entry.

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Property History for 7/2 Rae Ct, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$594,500
02 Dec 2023
Listed for Rent
$385/w
05 Jan 2011
  • 02 Dec 2023
    Sold for $594,500
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 21 Dec 2010
    Listed for Rent $385 / week
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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 10,643 properties. Over the last 5 years, Houses in Prahran have seen a 12.42% increase in median value, while Units have seen a 7.00% increase. As at 31 August 2024:

  • The median value for Houses in Prahran is $1,637,271 while the median value for Units is $555,116.
  • Houses have a median rent of $750 while Units have a median rent of $530.
There are currently 31 properties listed for sale, and 13 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 505 properties were sold in the past 12 months in Prahran.

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