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  2. 3424 Rainbow
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Rainbow, VIC 3424 (338.92 km to CBD)

Sold Price Rent Price School

Surrounding Suburbs: Jeparit 3423 Netherby 3418 Beulah 3395 Hopetoun 3396

Selected Demographics of Rainbow

  • $112,000 Median House Price
  • $35,000 Median Unit Price
  • 401 Number of House
  • 21 Number of Unit
  • 686 Number of People
  • 49 Median Age
  • 2.2 Median Household Size
  • $70 Weekly Rent
  • $404 Weekly Individual Income
  • $949 Weekly Family Income
  • $718 Weekly Household Income

Suburb Location


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More Recent Sold in Rainbow

AddressSold DatePrice
32 Taverner Street, Rainbow VIC31 Mar 2022$0
55-57 Federal street, Rainbow Vic9 Feb 2022$165,000
36 King Street, Rainbow VIC25 Jan 2022$0
1 Callaway Lane, Rainbow VIC24 Jan 2022$148,000
30 Railway Street, Rainbow VIC14 Jan 2022$0

More Recent Rent in Rainbow

AddressRent DatePrice
2/18 Albert Street, Rainbow VIC4 Apr 2022$110
3/18 Albert Street, Rainbow VICApr 2022$110
2/46 KING STREET, Rainbow VIC11 Feb 2022$130
3/46 KING STREET, Rainbow VIC5 Jul 2021$140
6/2 Sanders Street, Rainbow VIC21 Jun 2021$85

Rent Yield in Rainbow

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$93,450$1176.51%$93,450$1106.12%5
2$165,000--$165,000--1
3$155,800$1806.01%$179,000$1805.23%6
House
1$93,450--$93,450--2
2$165,000--$165,000--1
3$148,500$1806.30%$149,500$1806.26%5
Unit/apmt
1-$117--$110-3
3$185,000--$185,000--1

Schools in Rainbow

School NameSchool SectorSchool Type
Rainbow Primary SchoolNon-governmentPrimary
Rainbow Secondary CollegeNon-governmentSecondary

Crime Rate of Hindmarsh

Crime TypeRate of HORSHAMRate of VIC
Crime Against Property3,9454,607
Crime Against the Person1,189940
Drug Offences439311
Other Crime1,550875
Total7,1236,733
Note: Rainbow belongs to city Hindmarsh. Crime rate means the number crimes per 100,000 population.

Demographics of Rainbow

PopulationSizeRainbowMelbourne
All People6864645103
Country of OriginRainbowMelbourne
Australian Born96%71%
Born Overseas - Top 5RainbowMelbourne
United Kingdom3%4%
Philippines1%0%
Median household incomeRainbowMelbourne
Weekly income$713$1,333
Age StatisticsRainbowMelbourne
60+32%17%
40 to 5929%26%
5 to 1919%21%
20 to 3917%29%
0 to 44%6%
Family Statistics - Top 5RainbowMelbourne
Married54%52%
Never Married24%32%
Widowed14%6%
Divorced8%7%
Separated1%3%
Religion - Top 5RainbowMelbourne
Uniting Church23%7%
Lutheran23%1%
No Religion17%20%
Anglican17%17%
Catholic11%32%
Occupation - Top 5RainbowMelbourne
Managers and Administrators12%4%
Tradespersons and Related Workers4%6%
Professionals4%8%
Associate Professional3%5%
Intermediate Clerical/Sales/Service3%7%
Education - Top 5RainbowMelbourne
Not Attending (Working)80%74%
Secondary Education8%8%
Infants/Primary8%9%
Pre-School2%2%
Technical or Further Education1%3%
Transport to Work - Top 5RainbowMelbourne
Car (driver)16%27%
Worked at home9%2%
Walked6%1%
Car (passenger)1%3%
Type of Dwelling - Top 3RainbowMelbourne
Separate house94%78%
Flat2%12%
Nature of Occupancy - Top 3RainbowMelbourne
Fully Owned66%44%
Purchasing16%27%
Rented9%23%
Monthly Loan Repayment - Top 5RainbowMelbourne
$200-$39943%10%
$400-$59936%18%
$600-$7997%21%

Based on Australian Bureau of Statistics data