58 Railway St, Rainbow is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 2530m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
This stunning Federation home projects major street appeal with its grand frontage and original intact features. Set on a massive 2535m2 approx. block, this property is located only a stone's throw from Rainbows Main Street. Behind the picket fence you'll find lovely established gardens and a traditional wrap around undercover veranda. Enter the home through double lead light doors, into the lengthy hallway which stretches from front to back door. You'll be amazed inside at the beautiful architectural features throughout the home including polished timber floorboards, 12ft ceilings, decorative cornice, ornate ceilings & bay windows. Space is no problem with all three bedrooms being large in size and accessible from the main hallway. The neat timber kitchenette has original features including working wood fire stove and lead light window, but has also been updated to include gas cook top and electric oven. Walk through to the formal dining area & living room spaces which both feature gas heating and original fire places. The home is serviced by the bathroom at the rear of home, with claw foot tub including shower overhead, vanity & toilet. Outside there's no shortage of room and plenty of extra features including a portable standalone unit, secondary toilet, craft or hobby room, large outside laundry and chook pen. The yard is accessible from the rear lane and there's plenty of shedding with 2x single garages/workshops one with a pit and a double carport with concrete floor. Properties like this are a rare find in today's market & inspection is a MUST to appreciate.
*Please note, both fireplaces have not been used for a lengthy amount of time and we cannot provide any guarantee if they are currently functional. Purchaser is required to do their own due diligence**
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:
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