Back 1/242 Rainbow St
Off Market

1/242 Rainbow St

Coogee NSW 2034

2
1
1
Apartment
Theo KarangisTheo Karangis, last sold this property on 11 April 2024 after 15 days on market.

Overview

Boutique Beach Pad with Bonus Alfresco Entertaining Space

In an elevated position set back from the road, this first floor apartment is ideally located to the attractions of The Spot and Coogee Beach. Featuring easy indoor-outdoor flow, it comes with a bonus exclusive-use courtyard featuring an entertainer's deck and grassy play area. Leafy streetscape outlooks that extend to the distant lights of Botany Bay add a lovely backdrop to the living and social zones. From its boutique block, the apartment offers closeness to ocean baths, the coastal walk, Ritz cinemas, schools and eateries. • Living/dining area features floorboards and ceiling fan • Glass sliding doors offer access to a decked balcony • Tidy separate kitchen offers a neutral colour scheme • Both bedrooms include built-in wardrobes and carpet • Private external storage plus a large internal laundry • Secure garden-framed block of only 9 with intercom • Car parking space & lock up storage space in basement plus visitor parking available Water Rates: $178.42 per quarter approx. Council Rates: $423.48 per quarter approx. Strata Levies: $1475.75 per quarter approx. Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Coogee over the last 12 months, the estimated median property value of 1/242 Rainbow St is $1.55m.

Median value
$1.55m
Estimated value range
$912.5k - $4.6m
Median days on market
23
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Coogee. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/242 Rainbow St

2024
Sold
Undisclosed
11 Apr 2024 by Theo Karangis, of NGFarah
2023
Rented
Undisclosed
Leased on 16 Jan 2023 by NGFarah
2019
Sold
Undisclosed
Private Sale/Treaty on 15 May 2019 by Lauren Wren, of Raine & Horne Randwick

Happy sellers in Coogee

78%
78% of sellers in Coogee reported that their sale price either exceeded or met their price expectations.

Coogee stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in Coogee over the last 12 months.

Local market activity for 2 bedroom apartments in Coogee

In the last 12 months, 128 two-bedroom apartments similar to 1/242 Rainbow St, have been sold.

This represents a 19% increase in two-bedroom apartments sales when compared to the previous 12 months.

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