OFF MARKET

11 Lake Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 137m2
Land area: 2007m2
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Property Details for 11 Lake St, Rainbow

11 Lake St, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 2007m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in April 2014.

Building Type
House
Year Built
1940
Floor Size
137m2
Land Size
2007m2
Local Government
Hindmarsh
Lot/Plan
21~3/PP5664

Last Listing description (July 2014)

Retaining all the features of it's period including metal ceilings and fire places this red brick classic is ready for you to add your style. Featuring large lounge, three large bedrooms with open fire place; bathroom has shower & toilet; extension on rear has 2nd living area and kitchen with gas stove; rear laundry and bungalow; 2nd outside toilet; double garage. Large block with 3 side access.

Property History for 11 Lake St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$77,000
02 Apr 2014
  • 02 Apr 2014
    Sold for $77,000
  • 11 Feb 2014
    Listed for Sale $89,000
  • 04 Feb 2014
    Transferred

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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 599 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.