This block would be a great spot to build your dream home on, subject to Council Approvals of course. With Power and water in the nature strip but not connected and other vacant blocks either side. Zoned Township, flat and level your dreams could come true here. As you can see by the photos the soil is fertile. The grass will be cut soon.
The block has a frontage of approx 20.2m and a depth of approx 46m.
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:
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