OFF MARKET

4 Lake Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 120m2
Land area: 768m2
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Last updated 16 Dec 2024
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Property Details for 4 Lake St, Rainbow

4 Lake St, Rainbow is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 768m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1950
Floor Size
120m2
Land Size
768m2
Local Government
Hindmarsh
Lot/Plan
2/TP395912

Last Listing description (November 2022)

This well cared for weather board home would make a very comfortable home for it's new owners. Featuring 2 double bedrooms and a sleepout, modern kitchen with a walk in pantry, a split system A/C, electric and wood cooking, updated bathroom, formal dining room with a wood heater, spacious lounge with a split system and a open fire place. There is also the convenience of a Heatpump hot water service, good size laundry with a separate toilet. Outside you'll find a solar power system on the roof, a 3 bay shed with access for a caravan behind and a rain water tank. The furniture and electrical appliances seen in these photos also come with the property.
This home will impress right from the moment you pull up out the front.

Property History for 4 Lake St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$145,000
19 Oct 2022
  • 19 Oct 2022
    Sold for $145,000
  • 12 Oct 2022
    Listed for Sale UNDER CONTRACT
  • 03 May 2021
    Sold for $105,000
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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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