OFF MARKET

12 Albert Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 91m2
Land area: 970m2
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Last updated 16 Dec 2024
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Property Details for 12 Albert St, Rainbow

12 Albert St, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 970m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last transferred in May 2018.

Building Type
House
Year Built
1950
Floor Size
91m2
Land Size
970m2
Local Government
Hindmarsh
Lot/Plan
8W/PP5664

Last Listing description (February 2014)

PRICE REDUCED FURTHER - URGENT SALE -RAINBOW
We have been instructed by the vendor to reduce the price further on this home as he requires an urgent sale due to health issues.
This home, set close to the Rainbow P-12 school features 3 double bedrooms, open plan kitchen/dining/living and is on a good size corner block.

The kitchen has electric cooking facilities and heating/cooling is well taken care of with a wood heater and evaporative air conditioner.
In the back yard, there is rear access and a shed.
This home really is priced to sell and inspection is a must.

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Property History for 12 Albert St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Transferred
20 May 2018
  • 20 May 2018
    Transferred
  • 31 Jan 2014
    Sold for $62,000
  • 24 Jul 2012
    Listed for Sale $69,990
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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 111.44% increase in median value, while Units have seen a 130.67% increase. As at 30 November 2024:

  • The median value for Houses in Rainbow is $155,887 while the median value for Units is $264,267.
  • Units have a median rent of $115.
There are currently 2 properties listed for sale, and no properties listed for rent in Rainbow on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Rainbow.

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