OFF MARKET

1/46 King Street
Rainbow VIC 3424

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1523m2
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Last updated 16 Sep 2024
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Property Details for 1/46 King St, Rainbow

1/46 King 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 1523m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
2001
Land Size
1523m2
Local Government
Hindmarsh
Lot/Plan
1/TP441320

Last Listing description (April 2020)

One bedroom with built-in robes
Electric cooking and hot water
Good sized living and dining area

Shower over bath
Washing machine auto taps
Split-System Heating/Cooling
Carport
Small storage shed
Water included in rent - No separate water bills
PLEASE APPLY IF INTERESTED - APPROVED APPLICANT WILL INSPECT UNIT PRIOR TO SIGNING LEASE

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Property History for 1/46 King St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$144,000
26 Jul 2019
Listed for Rent
$120/w
22 Apr 2020
  • 15 Apr 2020
    Listed for Rent $119 / week
  • 18 Dec 2019
    Listed for Rent $119 / week
  • 26 Jul 2019
    Sold for $144,000

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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 73.59% increase in median value, while Units have seen a 61.98% increase. As at 31 August 2024:

  • The median value for Houses in Rainbow is $135,689 while the median value for Units is $221,116.
  • 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, 18 properties were sold in the past 12 months in Rainbow.

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