3-5 Edward Street, Rainbow, VIC 3424 | Property Value & History | OnTheHouse
OFF MARKET

3-5 Edward Street
Rainbow VIC 3424

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1098m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 3-5 Edward St, Rainbow

Building Type
Land
Land Size
1098m2
Local Government
Hindmarsh
Lot/Plan
8D8/PP5664

Last Listing description (January 2025)

The Phone Code for this property is: 33061. Please quote this number when phoning or texting.

Double block - 2000 m2 fenced on 3 sides - services at boundary - zoned township.
This block is situated in a quiet street at the edge of town.

There are beautiful large shade trees that have been planted by one of the previous owners. Great views, family friendly town.
It has all services available at the boundary, which is a great advantage and savings. More current photos coming next week.

*** Please submit offers before Mon 29th July 2024. ***

Rainbow is a great little town to live in with lots on offer:
Great community spirit, there are plenty of community groups to get involved in with a busy yearly event calendar. This is the kind of town where people still help their neighbors without having to ask and everyone looks out for each other.

SERVICES & BUSINESSES IN TOWN:

Kindergarten
P-12 local School
Servo
Post office
NAB branch

Local Rubbish collection service
Local Transfer Station
Weekly bus service to Horsham

Local TRADES:
Plumbing, Electrical, Builder, Handyman, Tiler, Painter, Sandblaster,/Spray-Painter and more.

ART & CRAFT
Art gallery & art classes
Mallee Magic - craft shop (and so much more - fabric, kitchen & home wares, craft, nursery)
Craft group and Craft shop selling locally crafted gifts (also selling amazing cookies and cakes made by locals - but you have to be quick)
Music festival & concerts
Kids art classes
Kids dance classes
Footy
Netball
etc.

FOOD
IGA supermarket
Butcher
Cafe
Bakery
Pub
Service Station & food
Lolly Shop

SHOPS:
Hardware, with fabricating, metal work, sandblasting and spray-painting services as well as large scale printing & signwriting
Stock feed & rural supplies
Newsagent
Gift shop
Op shop
Secondhand shop

COMMUNITY
Engaged community groups to foster art and tourism
Neighborhood house
Sporting Clubs
Campground
Yearly AG show
Scouts
Lions Club
Car enthusiasts
Local CFA
Library
Skate park
Outdoor pool
Community Gym
Community buildings
Hall
Theatre group
Landcare group
and lots more

Great local Rainbow Community Facebook group where you can find out what events are on and if you need anything or have something to offer it's a great way to get connected with the locals

HEALTH
Local Hospital and Nursing Facility
Doctors Clinic
Pharmacy
Osteopath monthly visits

BEAUTY & SELF-CARE
Hairdresser
Beauty Salon
Massage

Local ATTRACTIONS:
Rainbow Lake (and BBQ area)
Big Desert National Park, Lake Hindmarsh, birdwatching, ARB The Big Desert off road race, lots to explore for motorbike and 4WD enthusiasts.
Only a bit over an hour to all major chain stores in Horsham, located approx. 1/2 way between Melbourne and Adelaide.
Turkey Bottom Lake

If you are looking for a place where your kids can walk to school safely and you are keen to be part of a fantastic community then Rainbow is for you! This community has so much to offer.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 3-5 Edward St, Rainbow, VIC 3424

A timeline of how this property has performed in the market
Last Sold
$55,000
13 Nov 2023
  • 13 Jul 2024
    Listed for Sale 69,000 Price reduced from 75,000
  • 13 Nov 2023
    Sold for $55,000
  • 26 Oct 2023
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

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 114.59% increase in median value, while Units have seen a 119.13% increase. As at 30 November 2025:

  • The median value for Houses in Rainbow is $177,618 while the median value for Units is $400,720.
  • Units have a median rent of $115.
There are currently 3 properties listed for sale, and 1 property listed for rent in Rainbow on OnTheHouse. According to Cotality's data, 20 properties were sold in the past 12 months in Rainbow.

Suburb Insights for Rainbow 3424

Market Insights
Rainbow Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rainbow Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.