OFF MARKET

72 Taverner Street
Rainbow VIC 3424

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 8707m2
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Property Details for 72 Taverner St, Rainbow

Building Type
Rural
Land Size
8707m2
Local Government
Hindmarsh
Lot/Plan
1/LP21475

Last Listing description (October 2015)

Set on approx 2.5 acres in town this three or four bedroom brick and cement sheet home is an affordable farmlet opportunity. The house has it's issues and needs work but the finished package would be great - large lounge/living room with glass sliders to rear porch; adjoining dining area; ducted evaporative a/c; kitchen has electric oven; renovated tiled bathroom with shower over bath and vanity; internal laundry, separate toilet. Great family acres in town, just finish the jobs on the house.

Property History for 72 Taverner St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$62,000
15 Oct 2015
  • 15 Oct 2015
    Sold for $62,000
  • 12 Aug 2015
    Listed for Sale $69,000

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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 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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