SOLD
Sold on 03 Apr 2024 for $420,000

2 Darts Avenue
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 158m2
Land area: 2090m2
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Property Details for 2 Darts Ave, Rainbow

2 Darts Ave, Rainbow is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 2090m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Rainbow in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
158m2
Land Size
2090m2
Local Government
Hindmarsh
Lot/Plan
PC362455

Last Listing description (April 2024)

We are offering for sale a very unique property. The main house is a beauty with 3 bedrooms, modern well appointment kitchen with a large pantry, lounge with split system and wood heater, dinning area, family friendly bathroom, office and heaps of storage. Outside there is a single carport with an auto door, semi enclosed pergola, garage with workshop which accessed off a rear lane and a very well maintained garden.
The 2nd office house is an older cottage which in recent years been used as a business premises. There is a front lounge with a split system, 2 bedrooms, kitchen and bathroom. Outside there is a lounge, outside toilet and a handy shed with a workshop.
Both properties are on the one title and just a very short walk to the main street of town.

Inspections can be arranged by contacting the selling agent.

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Property History for 2 Darts Ave, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$420,000
03 Apr 2024
  • 03 Apr 2024
    Sold for $420,000
  • 06 Mar 2024
    Listed for Sale Not Disclosed
  • 12 Mar 2002
    Sold for $10,000
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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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