26 Railway StreetRainbow VIC 3424
Property Details for 26 Railway St, Rainbow
26 Railway St, Rainbow is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1029m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Rainbow in the last 12 months.
Last Listing description (October 2018)
This brick home facing Railway St. is set on a large, approx. 25m x 41m block and the second block, diagonally attached to this block, faces Govt. Rd. and is a similar size. The home has 2 large bedrooms and a third sleepout style bedroom. Featuring a large lounge room and family room adjacent to the kitchen. Air conditioning is by split system. Outside there is a large, almost fully enclosed, living area a 2nd toilet, single garage and carport. There is also an approx. 7m x 3.5m shed with an earthen floor and power connected. Access to the second block can be made through a PA door in the corner of the shed. This property is currently under contract.
Property History for 26 Railway St, Rainbow, VIC 3424
- 19 Jun 2024Sold for $10,000
- 08 Jun 2021Transferred
- 19 Sep 2018Sold for $116,000
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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 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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