FOR SALE
$1,690,000 - $1,790,000

5 Rainbow Street
Grange SA 5022

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 355m2
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Luxury Coastal Living in the heart of Grange

Introducing 5 Rainbow Street Grange. Nestled in a peaceful street, just a stone's throw away from Grange beach, this stunning property is the perfect blend of luxury and comfort. Built by HIA Award Winning Builder; Creative Structures, this home offers everything you desire for a coastal modern lifestyle.
This fully detached Torrens Title home features a commanding street presence, with low maintenance gardens and a captivating facade. Comprising four generously proportioned bedrooms, two bathrooms, with guest powder room and two large living areas, this home is built for functionality and entertaining.
Discover a world of unrivalled elegance where the ground floor open-plan kitchen, living featuring 3m ceilings seamlessly opens to the outdoor entertaining area, featuring an outdoor kitchen and Webber BBQ. The gourmet kitchen serves as the heart of the home, boasting a stone island bench with timber features, complemented by the top-of-the-line 900mm SMEG appliances and an induction cooktop.
The master suite, located on the ground level, is complete with a sumptuous ensuite and walk in robe. Each bedroom on the second floor offers built-in-robes and ample storage. The second living area is a versatile space that caters to various lifestyles, having an in built study nook. This inviting area enhances the overall flow of the home, ensuring that there is always a comfortable place to unwind or entertain.
This property embodies quality and attention to detail. The outdoor area is truly a highlight of the property, featuring a sparkling in-ground swimming pool that invites relaxation and enjoyment. Surrounded by stylish landscaping, the pool area creates a serene oasis for both entertaining and unwinding. Picture yourself lounging by the water on the warm sunny days, or hosting vibrant gatherings with family and friends.
Features we love:
• HIA Award Winning Builder; Creative Structures
• Commanding street presence with low maintenance landscaping
• Fully detached Torrens Title home
• 3m ceilings on the lower level and 2.7m ceiling on the upper level
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Property Details for 5 Rainbow St, Grange

5 Rainbow St, Grange is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 355m2. The place is currently for sale with Ray White Glenelg.

Building Type
House
Land Size
355m2

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About Grange 5022

The size of Grange is approximately 3.7 square kilometres. It has 16 parks covering nearly 33.7% of total area. The population of Grange in 2011 was 5,857 people. By 2016 the population was 5,921 showing a population growth of 1.1% in the area during that time. The predominant age group in Grange is 60-69 years. Households in Grange are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grange work in a professional occupation. In 2011, 70.3% of the homes in Grange were owner-occupied compared with 69.6% in 2016.

Grange has 2,874 properties. Over the last 5 years, Houses in Grange have seen a 88.17% increase in median value, while Units have seen a 74.43% increase. As at 31 October 2024:

  • The median value for Houses in Grange is $1,322,152 while the median value for Units is $633,932.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Grange on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Grange.

Suburb Insights for Grange 5022

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Jed Redden
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Chelsea Casey
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Ray White Glenelg
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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.