24 Railway StreetRainbow VIC 3424
Property Details for 24 Railway St, Rainbow
24 Railway St, Rainbow is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1064m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Rainbow in the last 12 months.
Last Listing description (July 2024)
This stylish brick/block home was probably built in the 1920's and has stood the test of time very well. The home features 2 double bedrooms, a sleep out, an office, functional kitchen with electric stove, separate dining room with a wood heater and a ref A/C, lounge room and a quite good bathroom. The laundry has been upgraded and it has a separate second toilet. The back yard is well fenced and has a carport, another carport with a shade cloth roof, a garden shed, a wood shed and a rain water tank.
It is currently rented for $180pw on a periodic bases so we need at least 48 hours notice of any inspections.
Property History for 24 Railway St, Rainbow, VIC 3424
- 26 Jul 2024Sold
- 03 May 2024Listed for Sale $199,000 REDUCED
- 18 Dec 2013Transferred
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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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