OFF MARKET

1/18 Albert Street
Rainbow VIC 3424

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 990m2
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Property Details for 1/18 Albert St, Rainbow

1/18 Albert St, Rainbow is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 990m2.

Building Type
Unit
Year Built
2001
Land Size
990m2
Local Government
Hindmarsh

Last Listing description (April 2020)

This 1 bedroom unit is close to school and shops. Carpeted living area features R/C air conditioner, functional kitchen with electric cooking facilities, built-in robe in bedroom, bathroom with shower over bath and space allowed for a washing machine. Satellite TV available. There is a shared low maintenance yard and carport. 'NOT SUITABLE FOR PETS'
AVAILABLE FROM 14TH MAY 2020
NO INSPECTIONS WHILE TENANTED - PLEASE APPLY FIRST - APPROVED APPLICANT WILL BE GIVEN OPPORTUNITY TO INSPECT PRIOR TO SIGNING LEASE

Property History for 1/18 Albert St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Listed for Rent
$110/w
23 Apr 2020
  • 15 Apr 2020
    Listed for Rent $109 / week
  • 18 Oct 2019
    Listed for Rent $89 / week
  • 07 Jun 2019
    Listed for Rent - Price not available
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About Rainbow 3424

The size of Rainbow is approximately 890.7 square kilometres. It has 5 parks covering nearly 8.9% of total area. The population of Rainbow in 2011 was 735 people. By 2016 the population was 688 showing a population decline of 6.4% in the area during that time. The predominant age group in Rainbow is 60-69 years. Households in Rainbow are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Rainbow work in a managers occupation. In 2011, 79.4% of the homes in Rainbow were owner-occupied compared with 82.2% in 2016.

Rainbow has 600 properties. Over the last 5 years, Houses in Rainbow have seen a 82.86% increase in median value, while Units have seen a 79.10% increase. As at 31 October 2024:

  • The median value for Houses in Rainbow is $214,603 while the median value for Units is $204,961.
  • Units have a median rent of $115.
There are currently 3 properties listed for sale, and no properties listed for rent in Rainbow on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Rainbow.

Suburb Insights for Rainbow 3424

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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.