OFF MARKET

57 Taverner Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 124m2
Land area: 1106m2
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Last updated 16 Dec 2024
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Property Details for 57 Taverner St, Rainbow

57 Taverner St, Rainbow is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 1106m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1930
Floor Size
124m2
Land Size
1106m2
Local Government
Hindmarsh
Lot/Plan
1/TP445707

Last Listing description (July 2024)

This character filled home, is waiting for it's next chapter & owner. This traditional home features a wide central passageway with stunning chandelier that leads to 3 open plan living areas with polished timber floors, new commercial split system. The lounge features an open fireplace to cosy up to, large windows for natural light and adjoins the formal dining room with chandelier, polished timber floors and ornate timber fire surround with Coonara wood heating for the winter months. The function galley style kitchen has plenty of storage, old combustion oven, electric oven and traditional timber mantle. The bedrooms are a very generous size with new ceiling fans. The property has been updated recently with new wiring, hot water service and fans to all bedrooms. The sunroom at the rear of the property has so much potential to be a 3rd bedroom or home office. This home sits on a large 1106 sqm parcel of land with a great shed/workshop. If you are an investor, the current owner would be willing to lease the property for 12 months at $250 per week. This property won't last long in this hot market, so don't delay in calling.Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/10556/listing/21132864/1549713/uploads%2F1676929396601-g1b03q19ytp-221caccbf36cc1f9cc777ac61cf282f7%2FStatement+of+Information+-+57+Taverner+Street%2C+Rainbow.pdf

Property History for 57 Taverner St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$180,000
03 Apr 2023
Listed for Rent
$250/w
05 Feb 2024
  • 15 Nov 2023
    Listed for Rent $250 / week
  • 03 Apr 2023
    Sold for $180,000
  • 21 Feb 2023
    Listed for Sale Not Disclosed
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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.