SOLD
Sold on 10 Oct 2024 for $183,000

7 Queen Street
Rainbow VIC 3424

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1024m2
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Property Details for 7 Queen St, Rainbow

7 Queen St, Rainbow is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1024m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Rainbow in the last 12 months.

Building Type
House
Land Size
1024m2
Local Government
Hindmarsh
Lot/Plan
1/TP338684

Last Listing description (October 2024)

From the street you would hardly know that this home is even there. The home features 2 double bedrooms, spacious lounge, formal dining room, large family room with a split system A/C, kitchen with electric stove and plenty of cupboard space, central bathroom, internal toilet and laundry. Outside the established garden has fruit trees, native plants and a vegie garden. There is also a single carport, and a storage shed which can be accessed via the excellent rear lane.

Property History for 7 Queen St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$183,000
10 Oct 2024
  • 10 Oct 2024
    Sold for $183,000
  • 18 Sep 2024
    Listed for Sale Contact Agent
  • 05 Sep 2019
    Sold for $85,000
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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 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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