Back 53 Rainbow St
Off Market

53 Rainbow St

Kingsford NSW 2032

3
1
House
Last sold for $1,430,000
Alex PortnovAlex Portnov, last sold this property on 10 September 2014 after 31 days on market.

Overview

Original Home -Rare Redevelopment Opportunity

Located near Kingsford Junction shops, restaurants, transport and UNSW is this free standing original 3 bedroom home on 442m2. In original condition throughout this home has a large leafy yard and presents sensational opportunity for investment and redevelopment. DA approved for a new 10 room boarding house/ student accommodation facility. All 10 rooms with own bathrooms and 8 have their exclusive kitchens. Potential income over $160,000 pa. Contract and plans are available only to serious buyers upon request

Features

3 bedrooms
1 bathroom
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Kingsford over the last 12 months, the estimated median property value of 53 Rainbow St is $2.78m.

Median value
$2.78m
Estimated value range
$2m - $3.8m
Median days on market
28
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kingsford. 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 53 Rainbow St

2014
Sold
$1,430,000
Sold After Auction on 10 Sep 2014 by Alex Portnov, of Raine & Horne Maroubra

Happy sellers in Kingsford

74%
74% of sellers in Kingsford reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 36 reviews in Kingsford over the last 12 months.

Local market activity for 3 bedroom houses in Kingsford

In the last 12 months, 27 three-bedroom houses similar to 53 Rainbow St, have been sold.

This represents a 22% increase in three-bedroom houses sales when compared to the previous 12 months.

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