Looking for a lower Macleay property? This property is situated in prime lower Macleay fertile country and enjoys esplanade frontage to the Macleay River! Featuring an elevated three bedroom home with a beautiful large sun room to enjoy on those relaxed days while looking over the Macleay River. Equipped to the property is a double car shed with an attached work shed, plus a steel machinery shed and big enclosed barn/hay shed for plenty of storage. This highly productive farm is approximately 36.42 Ha in size, with two flood mounds, a set of stockyards, well fenced into paddocks, town water and a windmill that is currently supplying all troughs. Ideal for cropping or a cattle fattening operation to take full advantage of the highly alluvial soils with improved pastures.
Property Code: 695
The size of Rainbow Reach is approximately 14.9 square kilometres. It has 1 park. The population of Rainbow Reach in 2011 was 465 people. By 2016 the population was 80 showing a population decline of 82.8% in the area during that time. The predominant age group in Rainbow Reach is 50-59 years. Households in Rainbow Reach are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rainbow Reach work in a managers occupation. In 2011, 78.8% of the homes in Rainbow Reach were owner-occupied compared with 88.2% in 2016..
Rainbow Reach has 50 properties. Over the last 5 years, Houses in Rainbow Reach have seen a 78.11% increase in median value. As at 31 October 2024:
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