35 Rainbow RoadTowers Hill QLD 4820
Property Details for 35 Rainbow Rd, Towers Hill
35 Rainbow Rd, Towers Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1088m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (January 2015)
ROCK SOLID INVESTMENT - FREE STANDING UNITS
Solid and sound investment, with both units being rented for $240 p/w each, so investment with $480p/w returns is a very good start to the investment world. As these are 2 free standing lowset units with their own space they are very attractive to tenants, and also on the edge of town in a nice quiet area. As both units are fully air-conditioned with 2 bedrooms each, both with built in's, they really are very comfortable. The units are open style living with kitchen/dining/lounge and fully tiled. Each unit has a carport off the side, and one of the units has been freshly painted and has had updates. Features: * 2 lowset free standing units * Bedrooms: 2 bedrooms with built in's and box air-conditioners. * Kitchen/lounge/Dining: Open style living with box air-conditioner and fully tiled. * Bathrooms: Shower, vanity and toilet * Internal laundry * 1 Car carport * 1,088m2 block (0.26 Acres) These units are very neat and tidy and quite sort after. This really is a fabulous opportunity so don't hesitate.
Property History for 35 Rainbow Rd, Towers Hill, QLD 4820
- 20 Jan 2015Sold for $270,000
- 24 Sep 2013Listed for Sale $330,000
- 22 Apr 2012Sold for $260,000
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0About Towers Hill 4820
The size of Towers Hill is approximately 2.2 square kilometres. It has 3 parks covering nearly 25.7% of total area. The population of Towers Hill in 2016 was 218 people. By 2021 the population was 190 showing a population decline of 12.8% in the area during that time. The predominant age group in Towers Hill is 60-69 years. Households in Towers Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Towers Hill work in a labourer occupation.In 2021, 60.70% of the homes in Towers Hill were owner-occupied compared with 62.30% in 2016.
Towers Hill has 147 properties. Over the last 5 years, Houses in Towers Hill have seen a 103.96% increase in median value, while Units have seen a 1752.35% increase. As at 30 April 2026:
- The median value for Houses in Towers Hill is $411,060 while the median value for Units is $417,129.
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