OFF MARKET

1742 The Lakes Way
Rainbow Flat NSW 2430

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 165m2
Land area: 60820m2
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Property Details for 1742 The Lakes Way, Rainbow Flat

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.

Building Type
Unit
Year Built
1965
Floor Size
165m2
Land Size
60820m2
Local Government
Mid-Coast
Lot/Plan
2/DP245974

Last Listing description (July 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.

What a great way to move into the hobby farm lifestyle, coastal retreat or as a first farm home.
Pictures tell a story and I m looking forward to taking you for an inspection

Property History for 1742 The Lakes Way, Rainbow Flat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$420,000
19 Jun 2018
  • 19 Jun 2018
    Sold for $420,000
  • 23 May 2018
    Listed for Sale $439,000
  • 07 May 2018
    Sold
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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 6 properties listed for sale, and no properties listed for rent in Rainbow flat on OnTheHouse. According to CoreLogic's data, 7 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.