Back 5 Lake Street
Off Market

5 Lake Street

Rainbow VIC 3424

3
1
1
1585 m²
House
Joanne PerkinsJoanne Perkins, last sold this property on 22 August 2025 after 219 days on market.

Overview

Charming Affordable Living!

This charming solid family home presents with lovely street appeal featuring extensive L shaped veranda wrapping around the entrance of the home. Presenting 3 considerable sized bedrooms with 2 offering BIR's and the master having a split system. With spacious living areas, convenient amenities this property offers a comfortable lifestyle. Spacious lounge with split system heating and cooling and wood heater. The dining room is open plan to the kitchen and also offers split system heating and cooling and can also be utilised as a 2nd living room. The modernised functional kitchen is located in the heart of the home and features updated cabinetry and electric cooking. Adjoining the kitchen is the split level family bathroom with separate shower, bath and pedestal basin plus BIC's. Large laundry plus separate toilet. Outside highlights an extensive sized allotment being approximately 1535m² ideal to build a large shed (STCA) or ample room for the kids to play plus outdoor entertaining or carport area. Located in the peaceful town of Rainbow, this property offers a serene lifestyle, with its picturesque setting and friendly community, Rainbow is the perfect place to call home.

Features

3 bedrooms
1 bathroom
1 carspace
1585 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Rainbow over the last 12 months, the estimated median property value of 5 Lake Street is $190k.

Median value
$190k
Estimated value range
$90k - $230k
Median days on market
60
Estimated value trend
58%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rainbow. 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 5 Lake Street

2025
Sold
Undisclosed
Private Sale/Treaty on 22 Aug 2025 by Joanne Perkins, of Westech Real Estate
2023
Sold
Undisclosed
Private Sale/Treaty on 24 May 2023 by Joanne Perkins, of Westech Real Estate

Happy sellers in Rainbow

~%

We have insufficient information to provide an overview of customer satisfaction for Rainbow. Viewing the agent profiles, reviews and sales for Rainbow can provide insights for this location.

Local market activity for 3 bedroom houses in Rainbow

In the last 12 months, 14 three-bedroom houses similar to 5 Lake Street, have been sold.

This represents a 62% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rainbow

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent