1.5 ha (approx. 3.7 acres) In the sought-after location of Rainbow Flat, located halfway between the commercial centre of Taree and the coastal region of Forster/Tuncurry.
This is your opportunity to secure a fantastic lifestyle property giving you the chance of a tree and sea change.
The block is generally level and has full creek frontage with a second minor tributary creek running through the block. An open block with select shade trees and a tree-studded creek line makes for a perfect tranquil setting.
The 3-bedroom plus study brick and tile home is compact but allows for comfortable living. It needs a makeover, and has loads of potential for those wanting to update. Currently, there is one bathroom with an ensuite in partial construction. A huge covered outdoor area has loads of character and perfectly positions the view of the acreage and creek.
It is hard enough to find acreage in a low price range and even harder to find it in the desired area.
New To Market
The size of Rainbow Flat is approximately 35.8 square kilometres. It has 3 parks covering nearly 12.5% of 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 333 properties. Over the last 5 years, Houses in Rainbow Flat have seen a 39.41% increase in median value. As at 30 April 2026:
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