1742 The Lakes Way, Rainbow Flat is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1965. The property has a land size of 60820m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Positioned opposite the Big Buzz Fun Park at Rainbow Flat is this 14.5 acre property.
As the land use is general rural and the property is fenced and has medium density bush, this could make for a great hobby farm. Centrally located and 20 minutes to Forster, Tuncurry and Taree and only 10 minutes to Black Head Beach and the Hallidays Point shopping centre, 5 minutes and you are on the M1 highway to Sydney or Brisbane.
Bring your tools as there has been white ant damage in the past which has been treated.
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:
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