30 Railway StreetRainbow VIC 3424
Property Details for 30 Railway St, Rainbow
30 Railway St, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 979m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (January 2022)
What is behind the bushes? This cement rendered home features 3 double bedrooms, updated kitchen with electric stove, open plan living area with a split system A/C and a modernised bathroom. Outside you will find a large outdoor living area & just outside the back door but still under the roof line of the house is the laundry, double carport, older storage shed and a large rain water tank.
This property is mostly solid brick and has some cracks in the walls that will need attention.
The house is currently rent for $165pw on a periodic basis with the tenant likely to move on in the near future.
Property History for 30 Railway St, Rainbow, VIC 3424
- 23 Dec 2021Sold for $99,900
- 08 Nov 2021Listed for Sale UNDER CONTRACT
- 27 Nov 2020Sold for $86,000
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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.
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