OFF MARKET

44 Taverner Street
Rainbow VIC 3424

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 97m2
Land area: 817m2
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Last updated 16 Sep 2024
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Property Details for 44 Taverner St, Rainbow

44 Taverner St, Rainbow is a 0 bedroom, 1 bathroom Unit. The property has a land size of 817m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Floor Size
97m2
Land Size
817m2
Local Government
Hindmarsh
Lot/Plan
14I/PP5664

Last Listing description (January 2020)

Centrally located in Rainbow the former Presbyterian Church, circa 1905, has now become available for sale. Since around the 1980's the property has been owned and used by the Lions Club of Rainbow as the Lions Den.
With a joining of community resources the property has become excess to the needs of the Lions Club and therefore is now offered for sale.
Set on over a 800 sq. mt. block a stones throw from Rainbows main street and the iconic "rainbow" in the central nature strip the original sandstone church building and fibro/brick extension offers many possibilities.

The main body of the church features a polished lining board ceiling. What would have been the vestry now acts as a storage or utility room and the next larger room is a meeting room with a kitchen area and servery.
Outside there is a mens and ladies toilet, mower shed and trailer shed. There is open land on the south side of the building and the block backs on to a rear lane.
Call Rob on 0467 044484 to discuss the possibilities or arrange an inspection of this historic Rainbow building.

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Property History for 44 Taverner St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$69,000
08 Jan 2020
  • 08 Jan 2020
    Sold for $69,000
  • 15 Nov 2019
    Listed for Sale $69,000

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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 600 properties. Over the last 5 years, Houses in Rainbow have seen a 73.59% increase in median value, while Units have seen a 61.98% increase. As at 31 August 2024:

  • The median value for Houses in Rainbow is $135,689 while the median value for Units is $221,116.
  • Units have a median rent of $115.
There are currently 3 properties listed for sale, and no properties listed for rent in Rainbow on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Rainbow.

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