OFF MARKET

1955 The Lakes Way
Rainbow Flat NSW 2430

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 207m2
Land area: 116200m2
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Property Details for 1955 The Lakes Way, Rainbow Flat

1955 The Lakes Way, Rainbow Flat is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 116200m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1975
Floor Size
207m2
Land Size
116200m2
Local Government
Mid-Coast
Lot/Plan
31/DP1097807

Last Listing description (December 2015)

28 secluded acres perfectly located between Forster and Taree. This property should not be on the market long, It has a grand residence positioned with a north eastern aspect nestled into a beautiful garden setting with natural bush surrounds.
This home has 4 large bedrooms fed by big wide hallways, would even suit a wheel chair, You enter the home via a grand entry area with a formal lounge area off to one side or wonder through to the family room that adjoins the fully renovated kitchen. A formal dinning area makes for a great place to entertain or you have the choice to enclose it into a 5th large bedroom. A double garage gives internal access via a large laundry which also houses a third bathroom. The main bedroom comes with a WIR and the ensuite will capture you with a large window looking into the timbered land. Outdoor areas give ample protection and perfect in all seasons to curl up with a book. An In ground pool is ideally positioned to view from the home and make for a very a private area to cool off. Other extras include solar hot water, solar panels and solar heating for the pool. There is an assortment of out buildings with the main one being Dad's shed. This property is gently undulating with a mixture of natural bush and lightly cleared in others. This is a perfect lifestyle block suiting a number of needs, perfect fort the nature love and the horse enthusiast combined.
Very sought after location and very competitively priced.

$585,000
Property Code: 970

Property History for 1955 The Lakes Way, Rainbow Flat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$1,230,000
26 Aug 2021
  • 26 Aug 2021
    Sold for $1,230,000
  • 18 Nov 2015
    Sold for $550,000
  • 22 Oct 2015
    Listed for Sale Not Disclosed

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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.