25-27 Rainbow Valley RoadPark Orchards VIC 3114
Property Details for 25-27 Rainbow Valley Rd, Park Orchards
25-27 Rainbow Valley Rd, Park Orchards is a 4 bedroom, 4 bathroom House with 3 parking spaces and was built in 2019. The property has a land size of 6481m2 and floor size of 590m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Last Listing description (September 2015)
Expressions of Interest: closing Tuesday 8th September 5pm.
Set on over an acre and a half, (6460 sqm approx) at one of the highest points in Park Orchards, this property has magnificent views of the City, Macedon Ranges and Ballarat.
Nestled amongst a backdrop of native trees, the block is perfect for your dream home. The existing home is immaculate and ideal for extending and/or occupying while you build. (subject to council approval). The existing home provides 3 generous bedrooms, a home office, open fireplace in the lounge, and polished floorboards throughout.
Sitting in a very quiet pocket off Park Road, and conveniently located close to shops, schools and transport, this location will provide you with relaxed and peaceful living.
Property History for 25-27 Rainbow Valley Rd, Park Orchards, VIC 3114
- 15 Jun 2022Listed for Sale Not Disclosed
- 26 Aug 2015Sold for $1,300,000
- 07 Aug 2015Listed for Sale Price on Application
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About Park Orchards 3114
The size of Park Orchards is approximately 9.5 square kilometres. It has 15 parks covering nearly 10.3% of total area. The population of Park Orchards in 2011 was 3,717 people. By 2016 the population was 3,810 showing a population growth of 2.5% in the area during that time. The predominant age group in Park Orchards is 10-19 years. Households in Park Orchards are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Park Orchards work in a professional occupation. In 2011, 95.1% of the homes in Park Orchards were owner-occupied compared with 93.8% in 2016.
Park Orchards has 1,365 properties. Over the last 5 years, Houses in Park Orchards have seen a 27.40% increase in median value. As at 31 October 2024:
- The median value for Houses in Park Orchards is $1,860,184 while the median value for Units is $1,434,764.
- Houses have a median rent of $1,200.
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