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Sold on 06 Sep 2024 for $1,190,000

1660 The Lakes Way
Rainbow Flat NSW 2430

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Land area: 10ac
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Property Details for 1660 The Lakes Way, Rainbow Flat

1660 The Lakes Way, Rainbow Flat is a 5 bedroom, 2 bathroom AcreageSemi-rural with 6 parking spaces. The property has a land size of 10ac. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom AcreageSemi-rural sold in Rainbow Flat in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
10ac
Local Government
Mid-Coast
Lot/Plan
1/DP1140367

Last Listing description (September 2024)

4 Ha (Approx. 10 acres) perfectly situated within a 10 minute drive to the pristine beach locations of Forster/Tuncurry and Blackhead beach.
The block is a mixture of cleared land and scattered timber with an easterly aspect, a large dam and offers great privacy.

You will be impressed by the 5 bedroom home that has undergone a full renovation now having a modern, industrial look. The kitchen is huge with a mountain of draw space and a butlers pantry to top it off. The large living areas have a real warmth, light filled with a log fire to cosy up in the winter. There are two bedrooms at this level and a bathroom with a deep soak bath. Upstairs are 3 more bedrooms along with their own fully renovated bathroom, completely tiled for ease of cleaning.

Outdoors will keep everyone happy boasting an inground, saltwater pool with a covered entertaining area fully equipped with outdoor kitchen, a spa pool for the ladies and a fully enclosed rumpus room or man cave. Shedding is to die for with approx. 18m x 6 m on slab with electrical fit out.

#Please note that while every effort has been made to accurately represent the features and amenities of the property described in this advert. Prospective buyers are encouraged to conduct their own inspections and assessments to verify the details provided. We do not guarantee the accuracy or completeness of the information presented herein.

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Property History for 1660 The Lakes Way, Rainbow Flat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$1,190,000
06 Sep 2024
  • 06 Sep 2024
    Sold for $1,190,000
  • 22 Feb 2024
    Listed for Sale Not Disclosed
  • 17 Mar 2020
    Sold for $635,000
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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 318 properties. Over the last 5 years, Houses in Rainbow Flat have seen a 57.11% increase in median value. As at 31 August 2024:

  • The median value for Houses in Rainbow Flat is $1,136,736 while the median value for Units is $603,782.
There are currently 3 properties listed for sale, and no properties listed for rent in Rainbow flat on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Rainbow flat.

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