36 Koorak Place, Rainbow Flat, NSW 2430 | Property Value & History | OnTheHouse
OFF MARKET

36 Koorak Place
Rainbow Flat NSW 2430

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 1995000m2
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Property Details for 36 Koorak Pl, Rainbow Flat

Building Type
Rural
Land Size
1995000m2
Local Government
Mid-Coast
Lot/Plan
145/DP753149

Last Listing description (August 2021)

Opportunities to purchase such a large holding of land this close to the coast are few and far.

Located in Rainbow Flat you will find this very private and attractive 199 Ha (491 acres). The property has a nice undulation throughout with a blend of open grassland and timbered forest. Water is plentiful with Khappinghat Creek running as one boundary and seasonal water courses running through the farm. The home site provides a North Easterly aspect, with town water and electricity already connected.

Positioned well, being under 20min to both Taree or Forster and 2km to the Pacific Hwy. The beautiful beach of Blackhead being the closest beach just 10min away. Having the popular Kiwarrak Estate on the western boundary, provides a hint into the opportunity that could be possible to the new owner.

Key features

- Sheds
- Town water
- Electricity
- Dwelling entitlement
- 160* acres of clear country
- Timbered forest
- Khappinghat creek frontage

This is an outstanding opportunity to landbank a large coastal property that can be enjoyed by you and your family for many years to come.

Property History for 36 Koorak Pl, Rainbow Flat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$1,750,000
03 Aug 2021
  • 03 Aug 2021
    Sold for $1,750,000
  • 13 Jul 2021
    Listed for Sale New to Market
  • 20 Nov 1997
    Sold for $190,000
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About Rainbow Flat 2430

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 331 properties. Over the last 5 years, Houses in Rainbow Flat have seen a 42.27% increase in median value. As at 28 February 2026:

  • The median value for Houses in Rainbow Flat is $1,179,847 while the median value for Units is $656,938.
There are currently 8 properties listed for sale, and no properties listed for rent in Rainbow flat on OnTheHouse. According to Cotality's data, 15 properties were sold in the past 12 months in Rainbow flat.

Suburb Insights for Rainbow Flat 2430

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.