OFF MARKET

5/2 Sanders Street
Rainbow VIC 3424

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 2714m2
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Last updated 16 Dec 2024
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Property Details for 5/2 Sanders St, Rainbow

5/2 Sanders St, Rainbow is a 0 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 2714m2.

Building Type
Unit
Year Built
2001
Land Size
2714m2
Local Government
Hindmarsh

Last Listing description (November 2022)

- Kitchen with electric cooking and large amount of storage
- Split system heating/cooling
- Combined bathroom and laundry

- Town and tank water - Water included in rent
- Off street parking

PLEASE NOTE: you must apply online. Only shortlisted applications will be invited to inspect the property.
If you have any questions regarding the property, please contact the Property Manager listed. We can email a paper application for you to print off and complete if you prefer.

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Property History for 5/2 Sanders St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Listed for Rent
$100/w
21 Nov 2022
  • 12 Sep 2022
    Listed for Rent $100 / week
  • 13 Apr 2021
    Listed for Rent $79 / week
  • 05 Jun 2017
    Listed for Rent $65 / week
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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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