5/3 Rae Court, Prahran, VIC 3181 | Property Value & History | OnTheHouse
OFF MARKET

5/3 Rae Court
Prahran VIC 3181

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 1132m2
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Property Details for 5/3 Rae Ct, Prahran

5/3 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 1132m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1960
Floor Size
79m2
Land Size
1132m2
Local Government
Stonnington
Lot/Plan
5/RP18134

Last Listing description (February 2025)

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 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 10,923 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 27 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 628 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.