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2955 Hopetoun-Rainbow Road
Rainbow VIC 3424

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2652107m2
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Property Details for 2955 Hopetoun-Rainbow Rd, Rainbow

Building Type
Rural
Land Size
2652107m2
Local Government
Yarriambiack
Lot/Plan
17/PP3254

Property History for 2955 Hopetoun-Rainbow Rd, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$331,179
23 Jan 2007
  • 23 Jan 2007
    Sold for $331,179

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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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