3/2 Rae Court, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

3/2 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 3/2 Rae Ct, Prahran

3/2 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 March 2022.

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

Last Listing description (April 2026)

Prahran offers few true cul-de-sacs, and Rae Court stands out as one of the most desirable, a peaceful, tightly held enclave moments from Lumley Gardens, High Street trams and within easy reach of Windsor Station. Whether you're seeking a lifestyle base or a smart investment, the setting alone makes a compelling case.
Bathed in beautiful northern light, the generously proportioned living and dining domain flows effortlessly to a leafy balcony, creating an inviting space to relax or entertain. A separate kitchen, appointed with quality appliances, enjoys open outlooks, timber floors and a casual meals area, enhancing everyday functionality.
Two spacious double bedrooms, each with built-in robes and tranquil green aspects, are served by a stylishly renovated bathroom, highlighting the enduring appeal of a classic, house-like layout, notably larger than many contemporary counterparts.

Additional features include secure entry, a large communal laundry, an on-title garage, and access to Oldsmere's charming shared courtyard.
A rare opportunity in a prized pocket - your home awaits.

Property History for 3/2 Rae Ct, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$600,000
05 Mar 2022
  • 08 Apr 2026
    Listed for Sale $620,000 - $680,000
  • 05 Mar 2022
    Sold for $600,000
  • 10 Feb 2022
    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 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 10,924 properties. Over the last 5 years, Houses in Prahran have seen a -9.89% decrease in median value, while Units have seen a 1.31% increase. As at 31 March 2026:

  • The median value for Houses in Prahran is $1,584,132 while the median value for Units is $549,998.
  • Houses have a median rent of $920 while Units have a median rent of $575.
There are currently 29 properties listed for sale, and 26 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.