Big solid brick home & S/C flat on 11.56 acres with big shed, 3 ph power & north east aspect designed to catch the early morning sun. The home has been recently renovated, & includes new Gyprock, new floor coverings, as new Tassy Oak bathroom with double vanities & new under cover back patio 5.7 x 4.6 easily enclosed to big family/sunroom room. 3 big bedrooms all with BIR's, extra wide hallway & 2 large linen cupboards, 1 easily converted to ensuite. Lounge with cosy combustion fire, adjoining dining area & big kitchen with island bench, all with new floor coverings. Downstairs is a fabulous rumpus room 7.3 x 4.4, billiard table, light, bar & lounge are all included. Also downstairs, but, on ground level is a self contained 2 bedroom flat with open plan living area, separate phone line, tiled bathroom & sliding door leading to gardens plus huge laundry & extra wc, double garage & workshop. For the man of the house is a big Colorbond shed 14 x 12 with 3 ph power, telephone, water, wc & extra carport ideal for car enthusiast or home industry. The lovely property has the convenience of town water, NBN CONNECTED, a well, dam & pretty tree studded 11.56 acres. Nice stand of Radiata Pines for privacy or future income. Ideal setup to suit 2 families with privacy assured. Just 10 minutes to Forster beaches, Taree shops/hospital.
REDUCED TO SELL. PRICED BELOW REPLACEMENT VALUE.
ROOM SIZES
The size of Rainbow Flat is approximately 35.8 square kilometres. There are 3 parks, covering nearly 12.5% of the total area. The population of Rainbow Flat in 2016 was 671 people. By 2021 the population was 693 showing a population growth of 3.3% in the area during that time. The predominant age group in Rainbow Flat is 60-69 years. Households in Rainbow Flat are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rainbow Flat work in a trades occupation.In 2021, 90.00% of the homes in Rainbow Flat were owner-occupied compared with 93.20% in 2016.
Rainbow Flat has 327 properties. Over the last 5 years, Houses in Rainbow Flat have seen a 32.28% increase in median value. As at 30 June 2026:
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