OFF MARKET

5 Swinbourne Avenue
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 770m2
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Last updated 16 Sep 2024
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Property Details for 5 Swinbourne Ave, Rainbow

5 Swinbourne Ave, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 770m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Land Size
770m2
Local Government
Hindmarsh
Lot/Plan
1/TP378706

Last Listing description (June 2022)

Lovely double brick Californian Bungalow Style home on an excellent corner block, located across the road from Rainbows medical facility. Boasting numerous original features including front and side porch, 12ft ceilings, beautiful polished floorboards, and original mantle pieces in all three very large bedrooms. The home provides excellent heating and cooling options with evaporative a/c, split system and woodfire place in the spacious loungeroom. Enjoy functional kitchen with large 5 burner gas cooktop, and separate dining area located at the rear of the home. The bathroom has shower and vanity unit with room for a second toilet to be installed, plus modernised powder room located off the laundry area. Outside you'll find great bricked undercover entertainment area, and double garage with concrete floor accessible from Sanders Street. The switch board has been updated at some point in time, and the home is serviced by gas instantaneous hot water unit. Contact Courtney Plowright on 0466 233 520 for further information or to arrange an inspection.

Property History for 5 Swinbourne Ave, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$165,000
01 Jun 2022
  • 01 Jun 2022
    Sold for $165,000
  • 04 May 2022
    Listed for Sale UNDER CONTRACT
  • 02 Feb 1993
    Sold for $41,000

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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.

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.