OFF MARKET

1535 The Lakes Way
Rainbow Flat NSW 2430

Bedrooms: 4
Bathrooms: 1
Car spaces: 6
Floor area: 240m2
Land area: 40340m2
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Property Details for 1535 The Lakes Way, Rainbow Flat

1535 The Lakes Way, Rainbow Flat is a 4 bedroom, 1 bathroom House with 6 parking spaces and was built in 1970. The property has a land size of 40340m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in December 2011.

Building Type
House
Year Built
1970
Floor Size
240m2
Land Size
40340m2
Local Government
Mid-Coast
Lot/Plan
103/DP589315

Last Listing description (October 2019)

If you are looking to enjoy all the benefits of living a country style life and still be with 20 minutes of the CBD (Forster or Taree) and 5 minutes to the beach, then stop looking. This well-appointed 4-bedroom family home is situated just far enough away from town that you'll feel like you're living the rural property dream. Sitting on 10 acres with majority of the land cleared, two good size dams and a massive 6 car roller door shed. A full-length balcony will make entertaining easy, three living areas, a massive open plan living, dining and kitchen, main bathroom and ensuite off the main at the opposite end of the home acting as a parent retreat.\n+ Four double size bedrooms ensuite + WIR to the main\n+ Renovated main bathroom with wet room \n+ Formal lounge and dining, plus second family room\n+ Kitchen off an open sun room area \n+ Air conditioning plus wood fire\n+ Solar \n+ 10 cleared acres\n+ Two large dams \n+ Perfectly positioned between Forster + Taree\n+ Five minutes to local beaches and shops \n\nDon't miss your chance to own this property! This property must sell, very motivated vendor will consider offers.

Property History for 1535 The Lakes Way, Rainbow Flat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$557,500
22 Dec 2011
  • 18 Apr 2019
    Listed for Sale $739,000
  • 04 Dec 2018
    Listed for Sale $780,000
  • 22 Dec 2011
    Sold for $557,500
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About Rainbow Flat 2430

The size of Rainbow Flat is approximately 35.8 square kilometres. It has 3 parks covering nearly 12.5% of total area. The population of Rainbow Flat in 2011 was 667 people. By 2016 the population was 672 showing a population growth of 0.7% in the area during that time. The predominant age group in Rainbow Flat is 60-69 years. Households in Rainbow Flat are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rainbow Flat work in a professional occupation. In 2011, 82.6% of the homes in Rainbow Flat were owner-occupied compared with 93.2% in 2016.

Rainbow Flat has 319 properties. Over the last 5 years, Houses in Rainbow Flat have seen a 42.03% increase in median value. As at 31 October 2024:

  • The median value for Houses in Rainbow Flat is $1,078,059 while the median value for Units is $693,956.
There are currently 4 properties listed for sale, and no properties listed for rent in Rainbow flat on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Rainbow flat.

Suburb Insights for Rainbow Flat 2430

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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.