42 King St, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 999m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Quietly positioned on the edge of town on a corner block this spacious three bedroom solid brick home has been upgraded tastefully and is ready to just move in. Freshly painted with new floor coverings this home offers large lounge with gas heater, ref air con and ceiling fan; adj open modern kitchen dining area with tiled floor and gas heater has new cupboards, bench tops, elec under bench oven & gas hotplates. Large bedrooms (two with robes), bathroom has tiled shower & vanity, sep toilet & laundry. Bungalow/studio for visitors; large G/I & timber garage workshop; side access carport. Take a look and be convinced.
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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