Rainbow St, Randwick NSW 2031

House prices on Rainbow St sit 3.09% below the Randwick suburb house median. This indicates that recent house sales on the street have generally been slightly lower than the average for the wider suburb. Buyers should note that this metric applies specifically to houses and does not reflect apartment pricing. It is a useful starting point for understanding relative value, but individual property conditions and features will vary.

There are no bushfire, heritage, or high-voltage powerline overlays on Rainbow St. No properties fall within a flood overlay, but 76 homes are recommended for a flood check and 37 have other flood classifications indicating no identified risk or unmapped status. Buyers should review council mapping and obtain flood reports for recommended properties to understand potential insurance implications and site constraints before purchasing.

32 homes sit above the street; 55 homes sit level with the street; 23 homes sit below the street. The street has a mixed profile of site heights relative to the road. Different site heights can influence drainage and access, but specific outcomes depend on the individual property. Buyers should assess the exact site of any home they are considering rather than relying on the street average.

Rainbow St is classified as a collector road with a 50 km/h speed limit. Collector roads generally connect local streets to larger arterial routes, serving through traffic as well as nearby residents. This classification suggests the street may experience more traffic than a local road. Buyers should consider potential noise and traffic flow when evaluating specific properties on this street.

Rainbow St has 118 residential properties, with 95.8% being houses and 0% apartments. The street is predominantly houses, offering a traditional residential character. This mix means buyers are primarily looking at house stock, which may suit those seeking detached living. The absence of apartment stock limits options for those preferring unit-style living on this specific street.

No major apartment developments are recorded on Rainbow St. The street is composed entirely of house stock, with no apartment projects listed. This means buyers interested in apartment living on Rainbow St will not find any existing developments to consider. The residential character remains focused on houses, reflecting the street's predominantly house-based composition.

4 houses sold in the past 12 months, while 0 apartments sold. The 5-year turnover rate for houses is 15.9%, representing the proportion of house stock that changed ownership over five years. No turnover data is available for apartments. These figures provide a snapshot of recent market activity, though they do not indicate current demand levels or price trends without comparative benchmarks.

Rainbow St suits buyers seeking house stock on a collector road with a 50 km/h speed limit. With 95.8% of properties being houses and no apartment developments, it aligns with those preferring detached living. The street sits slightly below the suburb median for house prices, and 76 homes are recommended for flood checks. Buyers should weigh traffic considerations and flood assessment needs against the street's predominantly house-based character.