OFF MARKET

2 Rainbow Street
Lightning Ridge NSW 2834

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 145m2
Land area: 1065m2
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Last updated 16 Dec 2024
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Property Details for 2 Rainbow St, Lightning Ridge

2 Rainbow St, Lightning Ridge is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1065m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
House
Floor Size
145m2
Land Size
1065m2
Local Government
Walgett
Lot/Plan
1/26/DP758612

Last Listing description (January 2019)

This 4 bedroom besser block home has an open plan living/ dining area with combustion heater and kitchen. Evaporative air conditioning keeps the house cool in our hot summers. The bathroom has a bath, separate shower and vanity with the toilet separate and separate, outside laundry. There is a single garage at the rear of the block with attached workshop, shower and 2nd toilet. Complete new kitchen installed in June 2018 This house is achieving $260 per week as at Jan 2018

Property History for 2 Rainbow St, Lightning Ridge, NSW 2834

A timeline of how this property has performed in the market
Last Sold
$185,000
11 Jan 2019
Listed for Rent
$260/w
30 Nov 2018
  • 11 Jan 2019
    Sold for $185,000
  • 04 Dec 2018
    Listed for Rent $260 / week
  • 16 Nov 2018
    Listed for Sale Asking Price $240,000
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About Lightning Ridge 2834

The size of Lightning Ridge is approximately 2,139.2 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Lightning Ridge in 2011 was 2,491 people. By 2016 the population was 2,267 showing a population decline of 9.0% in the area during that time. The predominant age group in Lightning Ridge is 50-59 years. Households in Lightning Ridge are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Lightning Ridge work in a community and personal service occupation. In 2011, 59.3% of the homes in Lightning Ridge were owner-occupied compared with 55.2% in 2016.

Lightning Ridge has 1,767 properties. Over the last 5 years, Houses in Lightning Ridge have seen a 55.85% increase in median value, while Units have seen a 34.44% increase. As at 30 November 2024:

  • The median value for Houses in Lightning Ridge is $158,099 while the median value for Units is $275,061.
  • Houses have a median rent of $300 while Units have a median rent of $320.
There are currently 1 property listed for sale, and no properties listed for rent in Lightning ridge on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Lightning ridge.

Suburb Insights for Lightning Ridge 2834

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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.