OFF MARKET

9 Edgar Street
Rainbow VIC 3424

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 932m2
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Property Details for 9 Edgar St, Rainbow

Building Type
Land
Land Size
932m2
Local Government
Hindmarsh
Lot/Plan
48/LP5167

Last Listing description (April 2019)

This vacant block, measuring approx. 943 sq. mts. or just under a quarter acre, is situated in the small mallee town of Rainbow. An ideal spot to get away from it all.
There are open views to the east over undulating mallee farm land. A magnificent green in the winter and than the golden brown of cereal crops, including wheat, waving in the wind in the summer.
All services are ready for connection to the block - power and water are both at the front of the block and the sewerage main runs along the back fence.

Call Rob to discuss further on 0467 044484

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Property History for 9 Edgar St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$12,050
09 Apr 2019
  • 09 Apr 2019
    Sold for $12,050
  • 26 Mar 2019
    Listed for Sale Not Disclosed
  • 06 Oct 2006
    Sold for $6,000
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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 73.59% increase in median value, while Units have seen a 61.98% increase. As at 31 August 2024:

  • The median value for Houses in Rainbow is $135,689 while the median value for Units is $221,116.
  • Units have a median rent of $115.
There are currently 4 properties listed for sale, and no properties listed for rent in Rainbow on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Rainbow.

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