OFF MARKET

20 Lake Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1987m2
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Last updated 16 Dec 2024
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Property Details for 20 Lake St, Rainbow

20 Lake St, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1987m2. While the property is not currently for sale or for rent, it was last sold in October 1995.

Building Type
House
Land Size
1987m2
Local Government
Hindmarsh
Lot/Plan
1/TP242237

Last Listing description (November 2012)

YOU WANT IT? YOU'VE GOT IT!
This family home in Rainbow has got it all.
The home has 3 double bedrooms with built in robes and ceiling fans with a smaller single 4th bedroom or study, also with a ceiling fan.

It has a modern kitchen with electric cooking and walk in pantry with combined meals and separate dining room.
There is a large living room with wood heating and the property is helped to keep warm in winter and cool in summer with split systems in both kitchen and living and also an evaporative air conditioner.
The property comes complete with a 3 kw solar system feeding into the grid with the possibility of upgrading to 5 kw with extra panels.
It also has a solar hot water system.
Outside is a huge double block with rear access, chook yards, rainwater tanks and fruit trees. This is one you can move right into, put your feet up and relax.
Call Rob Lehmann to make an appointment to view.

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Property History for 20 Lake St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$33,000
30 Oct 1995
  • 17 Oct 2012
    Listed for Sale $148,500
  • 30 Oct 1995
    Sold for $33,000

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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 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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