16 Albert St, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 993m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2008.
Step into this renovated family home in the picturesque township of Rainbow at the southern edge of the Mallee. With its warm and inviting atmosphere, this property offers a comfortable and relaxed lifestyle for you and your loved ones. Offering 3 bedrooms all with BIR's and new floor coverings throughout. Spacious north facing lounge room with split system and feature mantle. The well-equipped modern kitchen and dining boasts electric appliances including split system heating and cooling, making it a joy to prepare delicious meals. The modern bathroom is tastefully designed and offering, separate shower, bath and vanity making it an ideal retreat after a long day. Modern laundry with BIC's and separate toilet complete the interior of this modernised home. Outside, the property offers a single vehicle garage and carport, providing plenty of space storage plus rear lane access. This property is located in a quiet and friendly neighborhood, conveniently situated close to local school, shops, and amenities. Enjoy the peaceful country lifestyle while still being within easy reach of everything you need.
The size of Rainbow is approximately 890.7 square kilometres. It has 5 parks covering nearly 8.9% of total area. The population of Rainbow in 2016 was 683 people. By 2021 the population was 672 showing a population decline of 1.6% in the area during that time. The predominant age group in Rainbow is 60-69 years. Households in Rainbow are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Rainbow work in a managers occupation.In 2021, 81.30% of the homes in Rainbow were owner-occupied compared with 82.20% in 2016.
Rainbow has 602 properties. Over the last 5 years, Houses in Rainbow have seen a 114.59% increase in median value, while Units have seen a 119.13% increase. As at 30 November 2025:
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