5 Norman StreetRainbow VIC 3424
Property Details for 5 Norman St, Rainbow
5 Norman St, Rainbow is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 943m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Last Listing description (August 2015)
The current owners have over the years spent a lot of money on the house turning it into a home but circumstances now mean they have to sell so somebody else is going to get the benefits of my clients hard work. Set in a no through street this hardiplank features 3 bedrooms, a comfortable open plan living area with a wood heater and split system in the lounge and a electric stove and a pantry in the kitchen. The bathroom is between bedrooms 2 & 3 and has a shower, toilet, IXL tastic and vanity. The floor coverings are in good condition throughout.
Just outside the back door you will find the laundry with a separate 2nd toilet. The block is well fenced and has a single carport, 20' x 30' shed (approx), an array of fruit trees and a chook yard. Roller shutters around the house complete this impressive package.
Priced to sell. Contact John Hadley on 0428 560630 to arrange an appointment.
Property History for 5 Norman St, Rainbow, VIC 3424
- 13 Aug 2015Sold for $92,000
- 05 Feb 2015Listed for Sale $95,000
- 27 Feb 2014Listed for Sale $95,000
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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.
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