7 Rigg StreetRainbow VIC 3424
Property Details for 7 Rigg St, Rainbow
7 Rigg St, Rainbow is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1892m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (February 2025)
Situated in Rainbow close to schooling and the main street is this neat and tidy house. The home itself has been well cared for an offers three bedrooms, master with walk in room/robe. Living room with split system heating and cooling, wood heating & polished floor boards. Open plan kitchen, dining and second living room. Kitchen offering electric cooking appliances and reverse cycle heating and cooling. Updated bathroom with shower and vanity. The toilet is separate off the laundry. Externally the house sits on approx. 1892m2 and has a side entertaining area, shed, and some garden shedding. Fantastic entry level home. Water, power and sewerage are all connected.
NOTE: Garden greenhouse not included with the sale.
Property History for 7 Rigg St, Rainbow, VIC 3424
- 20 Dec 2024Sold for $219,000
- 26 Nov 2024Listed for Sale $219,000
- 04 Sep 2024Listed for Sale $345,000 Negotiable
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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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