OFF MARKET

37 Rainbow Avenue
Mullaway NSW 2456

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
Land area: 739m2
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Last updated 16 Dec 2024
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Property Details for 37 Rainbow Ave, Mullaway

37 Rainbow Ave, Mullaway is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 739m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1960
Floor Size
124m2
Land Size
739m2
Local Government
Coffs Harbour
Lot/Plan
57/DP24666

Last Listing description (May 2022)

A truly unique property in Mullaway, perfect for investors or someone looking to renovate to create their own perfect beachside home. With 3 separate dwellings this property has the potential to earn $765 per week, currently rented with long term tenants.

Downstairs has 2x separate units both featuring 2 bedrooms, living area, bathroom with laundry tap, kitchen and access to the shared back deck. Upstairs is another separate unit with 2x bedrooms, kitchen, bathroom, laundry, living area and private back deck.

A short walk to Mullaway's amazing beaches, caf and amazing headland walks. Properties in Mullaway do not come on the market often and this diverse property is a rare find.

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Property History for 37 Rainbow Ave, Mullaway, NSW 2456

A timeline of how this property has performed in the market
Last Sold
$990,000
25 Apr 2022
Listed for Rent
$250/w
20 Apr 2016
  • 25 Apr 2022
    Sold for $990,000
  • 14 Mar 2022
    Listed for Sale Expressions of Interest
  • 18 Mar 2012
    Listed for Rent $250 / week
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About Mullaway 2456

The size of Mullaway is approximately 1.9 square kilometres. It has 5 parks covering nearly 31.6% of total area. The population of Mullaway in 2011 was 524 people. By 2016 the population was 564 showing a population growth of 7.6% in the area during that time. The predominant age group in Mullaway is 50-59 years. Households in Mullaway are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mullaway work in a professional occupation. In 2011, 69.6% of the homes in Mullaway were owner-occupied compared with 71.5% in 2016.

Mullaway has 276 properties. Over the last 5 years, Houses in Mullaway have seen a 58.64% increase in median value, while Units have seen a 63.33% increase. As at 30 November 2024:

  • The median value for Houses in Mullaway is $907,379 while the median value for Units is $508,512.
  • Houses have a median rent of $590.
There are currently 4 properties listed for sale, and no properties listed for rent in Mullaway on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Mullaway.

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