OFF MARKET

32 Railway Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 1326m2
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Last updated 16 Dec 2024
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Property Details for 32 Railway St, Rainbow

32 Railway St, Rainbow is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1326m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Floor Size
114m2
Land Size
1326m2
Local Government
Hindmarsh
Lot/Plan
1/PS730973

Last Listing description (December 2015)

This steel clad home with pressed steel imitation tiles and aluminium windows means you won't need to swing a paint brush on any of those exterior areas.
The 3 bedroom has a modern kitchen with a gas cook top, modern bathroom with stand alone shower and two toilets (bathroom & laundry).
The home has gas heating and an evaporative air conditioner.

Outside there is a partially covered in outdoor living area across the back of the house.
The single garage has a roll a door, there is a 1,000 gal poly rainwater tank and the fencing is good.
Buy it for yourself or start or add to your investment portfolio as it would make a great little renter - we all know what term deposits rates are doing.
Call Rob on 0467 044 484 to arrange an inspection.

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Property History for 32 Railway St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$84,000
11 Sep 2015
  • 11 Sep 2015
    Sold for $84,000
  • 01 Apr 2015
    Listed for Sale $98,000

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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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