OFF MARKET

24 Bow Street
Rainbow VIC 3424

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 113m2
Land area: 1005m2
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Last updated 16 Dec 2024
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Property Details for 24 Bow St, Rainbow

24 Bow St, Rainbow is a 4 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 1005m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in May 2002.

Building Type
House
Year Built
1930
Floor Size
113m2
Land Size
1005m2
Local Government
Hindmarsh
Lot/Plan
1/TP748961

Last Listing description (August 2023)

This is one to really test your abilities. Here we have a 4 bedroom cottage style home needing a new owner to give the property another chance in life. The property has had a fire in one of the front bedrooms, and now no longer has power connected. Otherwise the home has some nice original features like 12ft ceilings, pressed tin ceilings, and open fireplaces in 2 bedrooms (working condition unknown) Outside the home is situated on a large 1005m2 approx. block, with side lane access. It is highly encouraged buyers conduct their own due diligence.

Property History for 24 Bow St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$23,000
02 May 2002
  • 03 Aug 2022
    Listed for Sale REDUCED to $120,000
  • 02 May 2002
    Sold for $23,000
  • 23 Mar 2001
    Sold for $22,000
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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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