OFF MARKET

479 Plummers Lane
Rainbow Reach NSW 2440

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 364200m2
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Property Details for 479 Plummers Lane, Rainbow Reach

Building Type
Land
Land Size
364200m2
Local Government
Kempsey
Lot/Plan
30/DP752409

Last Listing description (June 2017)

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

Property History for 479 Plummers Lane, Rainbow Reach, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$670,000
07 Apr 2017
  • 07 Apr 2017
    Sold for $670,000
  • 29 Aug 2016
    Listed for Sale $725,000
  • 20 Jul 2016
    Sold
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About Rainbow Reach 2440

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:

  • The median value for Houses in Rainbow Reach is $1,163,847 while the median value for Units is $216,768.
There are currently 3 properties listed for sale, and no properties listed for rent in Rainbow reach on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Rainbow reach.

Suburb Insights for Rainbow Reach 2440

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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.