Suburb Profile
Rainbow - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3424
Rainbow - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3424
house
RAINBOW, 3424 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in VIC have risen as a whole, pulling RAINBOW, 3424 values up and netting property investors a capital gain of 21.31% for the past year.
Investors saw the median home price rise to $74,000.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In RAINBOW, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 11 properties were sold in RAINBOW during the past year, making it the 693rd most active market in VIC based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $74,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 21.31% | N/A |
| Median 3 years | N/A | N/A |
| Median 5 years | 34.55% | N/A |
| 10 years average annual | 5.19% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
demographics (median values)
Total Population
650
Weekly Household Income
571.4
Household Size
2.20
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Capital Gains Tax (CGT) Calculator
Rainbow, VIC
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