SOLD
Sold on 01 May 2024 for $499,000

4 Gray Street
Rainbow VIC 3424

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 220m2
Land area: 2038m2
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Property Details for 4 Gray St, Rainbow

4 Gray St, Rainbow is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 2038m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Rainbow in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
220m2
Land Size
2038m2
Local Government
Hindmarsh
Lot/Plan
8D6/PP5664

Last Listing description (May 2024)

This outstanding property is a one of a kind in the Rainbow township. Beautifully presented this property from yesteryear circa approximately 1914 is a once in a lifetime purchase with its modern design and original features. This stunning home offers 3 or 4 bedrooms with the large master featuring ensuite, WIR and ideal adults retreat, nursery, 4th bedroom or office. Formal lounge room with rich timber flooring along with wood heating and also ducted evaporative cooling. The modern kitchen is open plan to the living and dining and features island bench, pressed tin backsplash, and electric appliances. The living room is well climatized with split system heating and cooling. The spectacular dining room, has an abundance of windows providing natural light and overlooks the picturesque rear yard. Immaculate tiled family bathroom offering shower over spa bath, vanity and toilet. Galley style modern laundry with excellent storage plus the side entrance also provides a study area and storage. Outside you are presented with alluring well maintained back yard with a lovely outdoor entertaining area, swimming pool and good sized shedding. This outstanding property also offers rainwater supply, rear and side lane access plus ample parking due to the large block size being approximately 2038m2. Ideally located close to the Rainbow P-12 College plus a rural outlook across the road from West's Paddock and the Historical Yurunga Homestead.

Property History for 4 Gray St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$499,000
01 May 2024
  • 01 May 2024
    Sold for $499,000
  • 12 Apr 2024
    Listed for Sale Contact Agent
  • 28 Oct 1992
    Sold for $62,500
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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.

Suburb Insights for Rainbow 3424

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.