OFF MARKET

7 Albert Street
Rainbow VIC 3424

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 1003m2
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Last updated 16 Dec 2024
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Property Details for 7 Albert St, Rainbow

7 Albert St, Rainbow is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1003m2. While the property is not currently for sale or for rent, it was last transferred in July 2019.

Building Type
House
Land Size
1003m2
Local Government
Hindmarsh
Lot/Plan
1/TP891217

Last Listing description (October 2017)

This home is being sold 'as is, where is'. This means that all contents in the house and on the block, warts and all, go with the property.
Set on a large approx. 1/4 acre block the Permabrick home has 3 bedrooms, 2 toilets, lounge and dining area, kitchen with a gas stove (4 burners), bathroom and back porch area.
Power is still connected as are all other main services except for telephone.

Outside there are an assortment of storage and garden sheds, all in very basic condition, plus a double carport.
There is a rear laneway with entry to the rear yard and a laneway down the west side.
Check out the possibilities. Call Rob on 0467 044484 to discuss further or arrange an inspection.

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Property History for 7 Albert St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Transferred
01 Jul 2019
  • 01 Jul 2019
    Transferred
  • 04 Oct 2017
    Listed for Sale $39,000
  • 28 May 2010
    Transferred
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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.

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