OFF MARKET

5 Norman Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 129m2
Land area: 943m2
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Last updated 16 Dec 2024
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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.

Building Type
House
Floor Size
129m2
Land Size
943m2
Local Government
Hindmarsh
Lot/Plan
36/LP5167

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

A timeline of how this property has performed in the market
Last Sold
$92,000
13 Aug 2015
  • 13 Aug 2015
    Sold for $92,000
  • 05 Feb 2015
    Listed for Sale $95,000
  • 27 Feb 2014
    Listed 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 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.

Suburb Insights for Rainbow 3424

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.