OFF MARKET

7/18 Rainbow Place
Latham ACT 2615

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
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Last updated 11 Nov 2024
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Property Details for 7/18 Rainbow Pl, Latham

7/18 Rainbow Pl, Latham is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a floor size of 148m2.

Building Type
Townhouse
Floor Size
148m2
Local Government
Belconnen

Last Listing description (June 2018)

Auction Location: On Site.
This rare offering may well be the downsizers dream home in a location that is conveniently close to the Belconnen Town Centre and positioned at the end of a quiet cul-de-sac backing reserve.
The single level property is set in a small complex of only seven townhouses that are mostly owner occupied. It is freestanding with a generous, easy care yard providing a feeling of space and openness.

A lounge, dining and family room provide excellent living space plus all three bedrooms are a great size. The oversized master bedroom provides a walk-in robe, ensuite and lovely plantation shutters. Both bathrooms have been updated with brand new vanities.
The whole house utilises ducted gas heating while a reverse cycle split system is positioned to regulate the Summer temperatures in the living areas. The 4.5 star energy efficiency rating is borne from a blend of good insulation as well as the Northerly aspect and will keep the energy bills down.
A clear distinction between this residence and others in the development is the size of the backyard which is large for a townhouse without being overwhelming for those looking for a more manageable block. There is also excellent off-street parking for extra vehicles due to it being on the end of the complex.
Features:
- Freestanding and single level townhouse
- Small development of only seven
- Each dwelling on separate water meters very rare
- Low body corporate fees of $374.20 per quarter
- Ducted gas heating plus air-conditioner
- Kitchen overlooking backyard with gas cooktop and dishwasher
- Updated carpet and paint throughout
- Large North facing outdoor paved entertaining area
- Established landscaped gardens plus vegetable patch and shed
- Double garage with remote controlled door and internal access
- Living size 151.5m2. Garage size 38m2
Properties of this calibre, perfectly suiting those downsizing from large blocks with multiple levels, are rare so be quick to enquire because it may just be the gold you were looking for.

Property History for 7/18 Rainbow Pl, Latham, ACT 2615

A timeline of how this property has performed in the market
  • 04 Apr 2018
    Listed for Sale Not Disclosed

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About Latham 2615

The size of Latham is approximately 2.8 square kilometres. It has 12 parks covering nearly 37.4% of total area. The population of Latham in 2011 was 3,604 people. By 2016 the population was 3,624 showing a population growth of 0.6% in the area during that time. The predominant age group in Latham is 30-39 years. Households in Latham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Latham work in a professional occupation. In 2011, 77.7% of the homes in Latham were owner-occupied compared with 77.4% in 2016.

Latham has 1,509 properties. Over the last 5 years, Houses in Latham have seen a 43.31% increase in median value, while Units have seen a 23.67% increase. As at 31 October 2024:

  • The median value for Houses in Latham is $782,205 while the median value for Units is $594,222.
  • Houses have a median rent of $650 while Units have a median rent of $370.
There are currently 3 properties listed for sale, and 1 property listed for rent in Latham on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Latham.

Suburb Insights for Latham 2615

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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.