OFF MARKET

18 Albert Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 150m2
Land area: 990m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Sep 2024
Low
High
Share
Save

Property Details for 18 Albert St, Rainbow

18 Albert St, Rainbow is a 3 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 990m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Floor Size
150m2
Land Size
990m2
Local Government
Hindmarsh
Lot/Plan
8U2/PP5664

Last Listing description (February 2020)

Rentals are in demand in small rural towns. This tidy block of 3 one bedroom units is fully tenanted and earns 9.86% based on the vendors full asking price.
The hardiplank units are in good condition, each consisting of a lounge/living area, kitchen with electrical appliances, bedroom with BIR's and a combination bathroom/laundry. Each unit also has a reverse cycle air-conditioner, electric hot water unit and canvas exterior blinds.
The fencing around the property is in excellent condition, there is a multi-vehicle carport, cement rainwater tank and unit 3 tenants have access to a storage shed.

An investment well worth your consideration.
Call Rob on 0467 044484 to discuss further or arrange an inspection.

Show More

Property History for 18 Albert St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$180,000
19 Jul 2022
  • 19 Jul 2022
    Sold for $180,000
  • 21 Feb 2020
    Listed for Sale $145,000
  • 18 Apr 2019
    Listed for Rent $89 / week
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

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.

Rainbow Profile Page

Suburb Insights for Rainbow 3424

Visit Rainbow profile page
Market Insights
Rainbow Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Rainbow Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Rainbow profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED