24 Railway StreetRainbow VIC 3424
Property Details for 24 Railway St, Rainbow
24 Railway St, Rainbow is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1063m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (July 2024)
This stylish brick/block home was probably built in the 1920's and has stood the test of time very well. The home features 2 double bedrooms, a sleep out, an office, functional kitchen with electric stove, separate dining room with a wood heater and a ref A/C, lounge room and a quite good bathroom. The laundry has been upgraded and it has a separate second toilet. The back yard is well fenced and has a carport, another carport with a shade cloth roof, a garden shed, a wood shed and a rain water tank.
It is currently rented for $180pw on a periodic bases so we need at least 48 hours notice of any inspections.
Property History for 24 Railway St, Rainbow, VIC 3424
- 19 Jul 2024Sold for $190,000
- 03 May 2024Listed for Sale $199,000 REDUCED
- 18 Dec 2013Transferred
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0About 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 108.36% increase in median value, while Units have seen a 100.24% increase. As at 31 January 2026:
- The median value for Houses in Rainbow is $195,281 while the median value for Units is $466,589.
- Units have a median rent of $115.
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