OFF MARKET

28 Railway Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 138m2
Land area: 981m2
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Last updated 16 Dec 2024
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Property Details for 28 Railway St, Rainbow

28 Railway St, Rainbow is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 981m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1940
Floor Size
138m2
Land Size
981m2
Local Government
Hindmarsh
Lot/Plan
1/TP235738

Last Listing description (June 2020)

This Californian Bungalow oozes street appeal. The home features 2 double bedrooms, lounge and separate dining room, upgraded kitchen with electric appliances and a island bench, 2 split systems, wood heater and evaporative cooling, bathroom with vanity shower and toilet and a large linen cupboard. Outside there is a large covered deck, double carport, laundry just outside the back door with ample cupboards, garden shed, an outside toilet all on a well fenced corner block.
The furniture can be purchased if needed.
For full details contact John Hadley on 0428560630.

Property History for 28 Railway St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$80,000
05 Jun 2020
  • 05 Jun 2020
    Sold for $80,000
  • 21 Apr 2020
    Listed for Sale $100,000
  • 19 May 2017
    Sold for $90,000
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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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