OFF MARKET

6/2 Sanders Street
Rainbow VIC 3424

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 2714m2
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Last updated 16 Sep 2024
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Property Details for 6/2 Sanders St, Rainbow

6/2 Sanders St, Rainbow is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 2714m2.

Building Type
Unit
Year Built
2001
Land Size
2714m2
Local Government
Hindmarsh

Last Listing description (June 2021)

This neat and tidy bedsit is located in the same street as the hospital. Features include kitchen with electric cooking, a comfortably sized living/bedroom area with R/C air-conditioning, a combined bathroom/laundry, town and tank water, off street parking. Great value. NOT SUITABLE FOR PETS
AVAILABLE FROM 21ST JUNE 2021
NO OPEN INSPECTIONS; Due to Covid-19 if you are interested in this property you need to put in an application first. The approved applicant will be given an opportunity to inspect prior to signing a lease.

Property History for 6/2 Sanders St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Listed for Rent
03 Jun 2021
  • 27 May 2021
    Listed for Rent $84 / week
  • 11 Jul 2019
    Listed for Rent $75 / week
  • 17 Jun 2019
    Listed for Rent - Price not available
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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.

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