OFF MARKET

1911 The Lakes Way
Rainbow Flat NSW 2430

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 57m2
Land area: 127800m2
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Property Details for 1911 The Lakes Way, Rainbow Flat

1911 The Lakes Way, Rainbow Flat is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 127800m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
2010
Floor Size
57m2
Land Size
127800m2
Local Government
Mid-Coast
Lot/Plan
1/DP244118

Last Listing description (June 2019)

* 30 acres of unspoiled land
* Spacious 1 bedroom luxury home/holiday pad
* 2 x huge sheds + 2 dams + landscaped garden area

* Potential for 2 nd dwelling subject to council approvals
* Gorgeous wooded setting, yet only 10 minutes to Hallidays Point
A rare opportunity to acquire a sprawling 30 acre allotment has presented itself to the market. You are only limited by your imagination as to what you could do with this unspoiled land which comes with a contemporary-style 1 bedroom home. Nestled amongst the trees in the heart of Rainbow Flat, it's hard to believe you're only a 10 minute drive to the spectacular beaches on offer at Hallidays Point.
The near-new luxury abode comes with all the trimmings you require for a relaxing escape to the country. Showcasing an open plan design, the sleek and sophisticated kitchen integrates seamlessly with the air-conditioned lounge/dining and features sparkling stone benchtops, stainless steel appliances and abundant cupboard space. The deluxe bathroom exudes a resort-style feel boasting a walk-in shower, trendy matte black tapware, vanity with stone benchtop and stylish tiles. A well-appointed bedroom lies adjacent to the bathroom and includes customised built-in storage. Accessible from both the living areas and the bedroom, a stunning timber patio is the highlight of the home and offers the perfect spot to relax with a drink while taking in the sensational tree-lined vista. Or gather around the fire pit in the beautifully landscaped gardens and immerse yourself in nature. Connected to town water and NBN, the property also includes 2 dams, a 3 bay 6m x 15m shed and an additional 11m x 5m shed.
A property of this calibre provides a plethora of options for the discerning buyer. Consider using this breathtaking property for use as a weekender or holiday home. Land bank now for future capital gains and rent out on Airbnb to help pay down the mortgage. Or move into the luxury abode while you build your dream retreat, subject to council approvals.
A hidden paradise, the home enjoys a convenient position halfway between Taree and Forster/Tuncurry and is only a 10 minute drive to Hallidays Point and surrounding beaches. Do not miss this chance to secure a once in a lifetime opportunity to live a sublime coastal lifestyle. Call now to arrange an inspection today

Property History for 1911 The Lakes Way, Rainbow Flat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$575,000
06 Jun 2019
  • 06 Jun 2019
    Sold for $575,000
  • 31 May 2019
    Listed for Sale $549,000
  • 26 May 2014
    Sold for $395,000
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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 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, 9 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.