37 Rainbow Ave, Mullaway is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 739m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
A truly unique property in Mullaway, perfect for investors or someone looking to renovate to create their own perfect beachside home. With 3 separate dwellings this property has the potential to earn $765 per week, currently rented with long term tenants.
Downstairs has 2x separate units both featuring 2 bedrooms, living area, bathroom with laundry tap, kitchen and access to the shared back deck. Upstairs is another separate unit with 2x bedrooms, kitchen, bathroom, laundry, living area and private back deck.
A short walk to Mullaway's amazing beaches, caf and amazing headland walks. Properties in Mullaway do not come on the market often and this diverse property is a rare find.
The size of Mullaway is approximately 1.9 square kilometres. There are 5 parks, covering nearly 31.6% of the total area. The population of Mullaway in 2016 was 567 people. By 2021 the population was 607 showing a population growth of 7.0% in the area during that time. The predominant age group in Mullaway is 60-69 years. Households in Mullaway are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mullaway work in a professional occupation.In 2021, 72.30% of the homes in Mullaway were owner-occupied compared with 71.50% in 2016.
Mullaway has 279 properties. Over the last 5 years, Houses in Mullaway have seen a 49.71% increase in median value, while Units have seen a 258.19% increase. As at 31 May 2026:
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