Attractive 20ha hobby farm adjoining National Park with large area of gentle undulating fertile soils treated for pasture improvement with one/two storey 5B/R x 3 bathroom BV residence/garage and sheddage, stables and stockyards.
The residence has a farmhouse appeal with high raked ceilings/exposed beams, formal entry to living/sunken lounge with brick fireplace/combustion heater and high rosewood ceiling, formal dining/bar (slate floor), stairs to 1st floor, 3 bedrooms, bathroom/WC and ensuite off main + front & rear balconies. Separate ground floor living area contains family room, kitchen/meals with timber benchtops/cupboards, cork floor, high raked ceilings, exposed beams opening onto a pergola/BBQ area, hall, 2 bedrooms, bathroom, WC, laundry and rear verandah. The grounds are landscaped with lawn, shrubs and rockeries.
Points of interest: The property is located close to Tallwoods Golf Course and 10mins from Black Head beach, between the work centres of Taree and Forster/Tuncurry and is an ideal investment as the land is currently being rezoned for acreage subdivision - enjoys excellent elevated mountain and rural views.
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 42.03% increase in median value. As at 31 October 2024:
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