SOLD
Sold on 12 Jun 2024 for $300,000

7 Winifred Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 162m2
Land area: 1007m2
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Property Details for 7 Winifred St, Rainbow

7 Winifred St, Rainbow is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1007m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Rainbow in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
162m2
Land Size
1007m2
Local Government
Hindmarsh
Lot/Plan
6/LP65865

Last Listing description (January 2015)

GREAT ALL ROUND PACKAGE - PRICE REDUCTION
This solid and neat 4 bedroom brick veneer home situated in a quiet no through street in Rainbow offers plenty.
As you walk in you realize this is a well cared for home. The living area includes a comfortable lounge with a well-sized dining and kitchen.

The four bedrooms are all carpeted and the master has built in robes. The fourth smaller bedroom would make an ideal office and as well there is a rear sunroom area. The home has gas heating and evaporative air cond.
Outside there is a rustic deck made from railway sleepers with a shade cloth cover. The home surrounds are all neat and tidy. Shedding is well catered for with a workshop/garage which has a cement floor. A single car garage with a lift up door also has cement floor and power.
Fencing is good, there is rear access and rainwater tanks.
To make an appointment for inspection call Rob on 0467 044484.

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Property History for 7 Winifred St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$300,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $300,000
  • 14 Jan 2015
    Sold for $113,000
  • 02 Oct 2014
    Listed for Sale $129,900
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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 82.86% increase in median value, while Units have seen a 79.10% increase. As at 31 October 2024:

  • The median value for Houses in Rainbow is $214,603 while the median value for Units is $204,961.
  • 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, 20 properties were sold in the past 12 months in Rainbow.

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