OFF MARKET

5 Edgar Street
Rainbow VIC 3424

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 915m2
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Property Details for 5 Edgar St, Rainbow

Building Type
Land
Land Size
915m2
Local Government
Hindmarsh
Lot/Plan
50/LP5167

Last Listing description (November 2021)

*Zoned township
*Water already connected
*Fenced on 2 sides

* approx 20m frontage- depth 46m
* Power across the front of the block

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Property History for 5 Edgar St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$36,000
10 Nov 2021
  • 10 Nov 2021
    Sold for $36,000
  • 01 Nov 2021
    Listed for Sale Under Contract
  • 11 Apr 2012
    Sold for $10,000
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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 82.86% increase in median value, while Units have seen a 79.10% increase. As at 31 October 2024:

  • The median value for Houses in Rainbow is $214,603 while the median value for Units is $204,961.
  • 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, 20 properties were sold in the past 12 months in Rainbow.

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