34 Federal StreetRainbow VIC 3424
Property Details for 34 Federal St, Rainbow
Property History for 34 Federal St, Rainbow, VIC 3424
- 05 Feb 2024Sold for $45,000
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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 145.43% increase in median value, while Units have seen a 235.75% increase. As at 31 January 2025:
- The median value for Houses in Rainbow is $182,244 while the median value for Units is $319,931.
- Units have a median rent of $115.
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