1/4 Rae Court, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

1/4 Rae Court
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 1145m2
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Property Details for 1/4 Rae Ct, Prahran

1/4 Rae Ct, Prahran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1145m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
Unit
Year Built
1960
Floor Size
81m2
Land Size
1145m2
Local Government
Stonnington
Lot/Plan
1/RP19770

Last Listing description (August 2022)

Set in a quiet cul-de-sac close to Lumley Park, this light filled and spacious boutique apartment offers a vibrant cosmopolitan lifestyle location.
Features Include:
- Living area with huge windows overlooking gardens

- Separate Kitchen with plenty of storage, dishwasher and laundry facilities
- Master bedroom with BIRs
- Flexibility of a 2nd Bedroom, home office or large separate dining room
- Updated Central bathroom
- Laundry facilities, split system heating/cooling
- Private balcony screened by beautiful garden outlooks
- Lockup garage for one car

Situated in a convenient location close to Chapel Street's best bars, shops and restaurants, this is a fantastic offer completed only a short wander from multiple trams and Windsor station.
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Property History for 1/4 Rae Ct, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$591,000
04 Aug 2014
Listed for Rent
$440/w
03 Aug 2022
  • 22 Jul 2022
    Listed for Rent $440 / week
  • 22 Oct 2020
    Listed for Rent $430 / week
  • 21 Jan 2019
    Listed for Rent - Price not available
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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 2016 was 12982 people. By 2021 the population was 12203 showing a population decline of 6.0% in the area during that time. The predominant age group in Prahran is 30-39 years. Households in Prahran are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Prahran work in a professional occupation.In 2021, 43.60% of the homes in Prahran were owner-occupied compared with 39.30% in 2016.

Prahran has 10,913 properties. Over the last 5 years, Houses in Prahran have seen a -8.01% decrease in median value, while Units have seen a 6.77% increase. As at 30 November 2025:

  • The median value for Houses in Prahran is $1,471,621 while the median value for Units is $548,087.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 34 properties listed for sale, and 17 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 626 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.