SOLD
RECENT ADVICE
Sold on 25 Oct 2023 for $1,100,000

2089 The Lakes Way
Rainbow Flat NSW 2430

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 8.8ha
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Property Details for 2089 The Lakes Way, Rainbow Flat

2089 The Lakes Way, Rainbow Flat is a 4 bedroom, 1 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 8.8ha. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom AcreageSemi-rural sold in Rainbow Flat in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
8.8ha
Local Government
Mid-Coast
Lot/Plan
123/DP753146

Last Listing description (October 2023)

A unique property whereby you can enjoy country living while having all the trimmings of being close to Taree, Tuncurry/Forster and local beaches plus only being one minute off the express way to take you North or South.

The land is gently undulating and consists of approx.
9HA (22 Acres) that is fully fenced, has a dam plus the added advantage of town water.

Improvements include a Hardi-Plank and iron roof home consisting of:

- 4 bedrooms all with A/C.
- Main bedroom with ensuite.
- 2 living areas, 1 with A/C & S/C fireplace, kitchen/dining.
- Verandah on 2 sides.
- 3 bay post and iron shed.
- Built-ins in 2 bedrooms.
- Ceiling fans in all bedrooms.
- 15 Minutes to Taree & 20 Minutes to Tuncurry/Forster.

This property has 2 road frontages and would be ideal for a transport person or somebody who has horses, or you can even have your own vegetable garden & chook run.

Properties of this nature in this location offering a variety of options are becoming increasingly harder to find and this one may be the one you’re looking for.

Come see for yourself.

Property History for 2089 The Lakes Way, Rainbow Flat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$1,100,000
25 Oct 2023
  • 25 Oct 2023
    Sold for $1,100,000
  • 07 Apr 2020
    Sold for $600,000
  • 20 May 1991
    Sold for $145,000

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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.

Suburb Insights for Rainbow Flat 2430

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Allan Edwards
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Kerry De Stefano
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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.