All About Rainbow Flat, Mid-Coast, NSW, 2430
Rainbow Flat, a quaint locality in the Mid-Coast region of New South Wales, offers a serene and picturesque lifestyle, characterized by its lush landscapes and tranquil atmosphere. The housing market here is relatively affordable compared to larger urban centers, making it an attractive option for those seeking a peaceful yet connected community. Many of the homes in Rainbow Flat are situated on spacious plots, providing residents with ample privacy and room for outdoor activities. The area is popular with families and retirees, who are drawn to its safe, community-oriented environment and the natural beauty that surrounds it. Real estate in Rainbow Flat includes a mix of modern homes and charming older properties, catering to a range of preferences and budgets.
Living in Rainbow Flat means embracing a laid-back, rural lifestyle while still having access to essential amenities and services. The community is close-knit and welcoming, with a strong emphasis on local events and outdoor activities. Residents enjoy the proximity to pristine beaches, national parks, and scenic rural landscapes, making it a haven for nature lovers and outdoor enthusiasts. Despite its rural setting, Rainbow Flat is conveniently located near larger towns such as Taree and Forster, offering additional shopping, dining, and cultural opportunities without the hustle and bustle of city life. Overall, Rainbow Flat provides a perfect balance for those looking to escape the busy metropolis while still enjoying a comfortable, well-connected lifestyle.
Household Makeup
| Median Weekly Rent | $400.00 |
| Median Monthly Mortgage | $2067.00 |
| Median Persons Per bed houseroom | 0.60 |
| Average Household Size | 2.00 |
| Average Age | 61.00 |
| Average Income | $661.00 |
| Average Cars Per Dwelling | 1.89 |
| Average Properties Within 50M | 1 |
| Typical 1 bed house | $772,000 |
| Typical 2 bed house | $716,000 |
| Typical 3 bed house | $974,000 |
| Typical 4 bed house | $1,206,000 |
| Typical 5 bed house | $1,165,000 |
| Typical 6 bed+ house | $1,250,000 |
Housing Stock
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Rainbow Flat Real Estate Market Outlook
Thinking about buying in Rainbow Flat? Now could not be a better time, with just 362 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,024,000 with prices in this suburb ranging from $226,000 to $3,319,000. Rainbow Flat is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Rainbow Flat there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Rainbow Flat is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Rainbow Flat changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Rainbow Flat we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Rainbow Flat a better buying opportunity than it may have been in the past.
Instant Property ValuationHouses for sale Rainbow Flat
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22 Kiwarrak Drive, Rainbow Flat, NSW, 2430 |  4 |
 3 |
 6 |
$1,250,000 |
Local Schools
Hallidays Point Public School
(While the above schools are located with the suburb of Rainbow Flat there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Rainbow Flat weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
| Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
| Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
| Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
| May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
| Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
| Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
| Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
| Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
| Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
| Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
| Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 09-12-2024 | $1,138,000 | 11 Idlewoods Cescent |
| 14-11-2024 | $1,190,000 | 1660 The Lakes Way |
| 18-07-2024 | $790,000 | 3 Khappinghat Close |
| 01-05-2024 | $1,380,000 | 8 Chelmsbrook Drive |
| 05-04-2024 | $1,199,000 | 19 Chelmsbrook Drive |
| 25-03-2024 | $425,000 | 3 Seaview Close |
| 25-01-2024 | $450,000 | 33 Kiwarrak Drive |
| 07-12-2023 | $1,100,000 | 2089 The Lakes Way |
| 30-08-2023 | $460,000 | 3 Bennett Close |
| 18-08-2023 | $885,000 | 6 Valley View Place |
| 04-08-2023 | $895,000 | 1817 The Lakes Way |
| 19-06-2023 | $1,100,000 | 15 Chelmsbrook Drive |
| 14-04-2023 | $1,100,000 | 12 Chelmsbrook Drive |
| 05-04-2023 | $600,000 | 41 Kiwarrak Drive |
| 14-02-2023 | $3,000,000 | 245 Tallwood Drive |
| 29-11-2022 | $1,060,000 | 12 Idlewoods Cescent |
| 23-08-2022 | $430,000 | 8 Koorainghat Close |
| 12-08-2022 | $1,600,000 | 10 Red Oak Road |
| 18-07-2022 | $1,050,000 | 8 Seaview Close |
| 15-07-2022 | $849,000 | 7 Rainbow Close |
| 07-07-2022 | $1,065,000 | 49 Holden Road |
| 18-05-2022 | $1,530,000 | 1 Red Oak Road |
| 13-05-2022 | $1,300,000 | 376 Tallwood Drive |
| 02-05-2022 | $1,400,000 | 2017 The Lakes Way |
| 08-04-2022 | $1,050,000 | 1776 The Lakes Way |
| 28-02-2022 | $1,050,000 | 80 Winmurra Drive |
| 16-12-2021 | $400,000 | 1 Treeview Drive |
| 08-10-2021 | $1,230,000 | 1955 The Lakes Way |
| 05-10-2021 | $1,750,000 | 36 Koorak Place |
| 30-09-2021 | $680,000 | 37 Kiwarrak Drive |
| 25-08-2021 | $900,000 | 30 Idlewoods Cescent |
| 22-07-2021 | $1,230,000 | 3 Blamey Place |
| 07-07-2021 | $605,000 | 17 Kiwarrak Drive |
| 21-06-2021 | $355,000 | 3 Seaview Close |
| 28-05-2021 | $930,000 | 18 Idlewoods Cescent |
| 21-05-2021 | $1,720,000 | 32 Chelmsbrook Drive |
| 10-05-2021 | $1,700,000 | 117 Winmurra Drive |
| 04-05-2021 | $300,000 | 1892 The Lakes Way |
| 30-04-2021 | $1,050,000 | 30 Kiwarrak Drive |
| 30-03-2021 | $885,000 | 15 Chelmsbrook Drive |
| 26-03-2021 | $730,000 | 33 Kiwarrak Drive |
| 17-03-2021 | $655,000 | 5 Rainbow Close |
| 17-02-2021 | $934,000 | 25 Chelmsbrook Drive |
| 18-12-2020 | $590,000 | 23 Kiwarrak Drive |
| 17-12-2020 | $570,000 | 2 Rainbow Close |
| 17-12-2020 | $1,400,000 | 56 Tallwood Drive |
| 15-12-2020 | $345,000 | 11 Kiwarrak Drive |
| 24-11-2020 | $850,000 | 24 Chelmsbrook Drive |
| 02-11-2020 | $365,000 | 39 Kiwarrak Drive |
| 03-08-2020 | $680,000 | 5 Treeview Drive |
General Points of Interest
Whale Watch Tower - Less than 10 KM
Taree Motorcycle Club - Less than 10 KM
Black Head Rock Pool - Less than 10 KM
Black Head Bowling Club - Less than 10 KM
The Big Buzz Fun Park - Less than 2 KM
Ton-o-fun Park - Less than 10 KM
Cave - Less than 10 KM
Nearby Suburbs
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