OFF MARKET

28 Callaway Lane
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 131m2
Land area: 1028m2
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Last updated 16 Dec 2024
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Property Details for 28 Callaway Lane, Rainbow

28 Callaway Lane, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 1028m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1930
Floor Size
131m2
Land Size
1028m2
Local Government
Hindmarsh
Lot/Plan
1/LP18952

Last Listing description (December 2020)

Tucked away in a side street just a stones through from the shops is this affordable home. Featuring 3 bedrooms, office/walk-in robe, spacious lounge with a wood heater, large kitchen/dinning area with electric wall oven and a gas stove, combined bathroom and laundry and a separate toilet. Outside there is side lane access to a fantastic 40ft x 20ft (approx) shed which has power and is partly concreted.
The sale included the furniture still in the house and a spa bath, new vanity and a new toilet waiting to be installed by the new owner.
The current owners have just painted the exterior of the house giving it a smart fresh look.

Property History for 28 Callaway Lane, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$95,000
15 Dec 2020
  • 15 Dec 2020
    Sold for $95,000
  • 25 Jun 2020
    Listed for Sale $98,000
  • 29 Apr 2014
    Sold for $52,500
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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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