24 Bow StreetRainbow VIC 3424
Property Details for 24 Bow St, Rainbow
24 Bow St, Rainbow is a 4 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 1005m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in May 2002.
Last Listing description (August 2023)
This is one to really test your abilities. Here we have a 4 bedroom cottage style home needing a new owner to give the property another chance in life. The property has had a fire in one of the front bedrooms, and now no longer has power connected. Otherwise the home has some nice original features like 12ft ceilings, pressed tin ceilings, and open fireplaces in 2 bedrooms (working condition unknown) Outside the home is situated on a large 1005m2 approx. block, with side lane access. It is highly encouraged buyers conduct their own due diligence.
Property History for 24 Bow St, Rainbow, VIC 3424
- 03 Aug 2022Listed for Sale REDUCED to $120,000
- 02 May 2002Sold for $23,000
- 23 Mar 2001Sold for $22,000
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About Rainbow 3424
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 93.75% increase in median value, while Units have seen a 103.85% increase. As at 31 March 2026:
- The median value for Houses in Rainbow is $197,933 while the median value for Units is $402,848.
- Units have a median rent of $115.
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