8 Eddy StreetRainbow VIC 3424
Property Details for 8 Eddy St, Rainbow
8 Eddy St, Rainbow is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 2009m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (August 2020)
Roll up your sleeves and put your skills to good use. This large period style home features the possibility of 5 bedrooms and 3 living areas. The current owners had great plans for the property but now are passing that opportunity on to someone else. The massive block has a garage and a workshop, single carport, rain water tank and a garden shed. The property can be accessed from 3 sides making the back yard very useful. Included in the sale is a new secondhand kitchen, building materials and some bathroom fittings and fixtures. There has been a new electrical fuse box installed.
The banks are unlikely to lend on this property because of the work that is needed to be done.
If you have the time and the skills contact John Hadley on 0428560630 for more details
Property History for 8 Eddy St, Rainbow, VIC 3424
- 25 Aug 2020Sold for $60,000
- 27 May 2020Listed for Sale $65,000
- 03 Sep 2016Sold for $55,000
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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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