22 Lake StreetRainbow VIC 3424
Property Details for 22 Lake St, Rainbow
22 Lake St, Rainbow is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1974. The property has a land size of 1184m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Rainbow in the last 12 months.
Property History for 22 Lake St, Rainbow, VIC 3424
- 30 Nov 2023Sold for $240,000
- 06 Oct 2001Sold for $72,000
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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 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.
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