OFF MARKET

8 Koorainghat Close
Rainbow Flat NSW 2430

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 162m2
Land area: 22880m2
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Property Details for 8 Koorainghat Cl, Rainbow Flat

Building Type
Land
Floor Size
162m2
Land Size
22880m2
Local Government
Mid-Coast
Lot/Plan
62/DP263832

Last Listing description (August 2022)

This picture perfect small acreage is situated in a quiet tree-lined street surrounded by quality acreage properties. The impressive cul-de-sac location showcases a generous 2.3 hectare (5.68 acres) allotment and presents a unique opportunity to design your own piece of paradise hidden amongst the trees.

Zoned R5 - Large Lot Residential, this property enjoys an undulating landscape and a stunning depth of 231m allowing the untamed potential to build the home of your dreams (subject to council approval). What more could you want? a secluded lifestyle tucked away in this sought-after hidden pocket of the beautiful Mid North Coast.

Buffered from the busy day to day world, you can enjoy the scenic beauty of Rainbow Flat bustling with wildlife. Enjoy the privacy and serenity of semi rural living whilst still maintaining close proximity to stunning beaches, boutique shopping and first-class dining. This land is conveniently located only 16 minutes (15.4km) from beautiful Blackhead Beach and Hallidays Point Shopping Centre.

Ideally located midway between the business hubs of Taree and the coastal township of Forster Tuncurry, this parcel of land is also conveniently set 5.3km to the highway where you can make the 3.5 hour trip to the heart of Sydney.

Don't miss out on this rare offering - call Daniel Garton today as tomorrow may be too late - 0428 337 171.

Property History for 8 Koorainghat Cl, Rainbow Flat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$430,000
12 Jul 2022
  • 23 Aug 2022
    Listed for Sale Sold
  • 12 Jul 2022
    Sold for $430,000
  • 23 Jun 2022
    Listed for Sale Offers Invited
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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 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, 10 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.