Rainbow St, South Coogee NSW 2034

House prices on Rainbow St sit 19.17% above the South Coogee suburb house median, indicating a premium positioning for detached homes. This ratio reflects recent house sales and applies only to the house category, not apartments. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

There are 0 bushfire, 0 heritage, and 0 flood overlay properties on Rainbow St. However, 38 homes are recommended for a flood check, and 33 fall under other flood classifications, meaning no flood risk has been identified or the property is not mapped. There are 0 high-voltage powerline properties. A flood check recommendation is worth reviewing council mapping and insurance costs before purchasing.

8 homes sit above the street; 32 homes sit level with the street; 30 homes sit below the street. The street has a mixed profile of homes above, level with, and below the street. Different site heights relative to the street can influence site characteristics, but buyers should assess the specific property rather than relying on the street average.

Rainbow St is a collector road with a 50km/h speed limit, and 55.4% of the residential properties front this dominant road section. Collector roads generally connect local streets with larger roads, which may result in slightly more through traffic than a local residential street.

Rainbow St has 74 residential properties, with 95.9% being houses and 0% being apartments. The street is predominantly houses. Buyers looking for detached homes will find a strong presence here, while apartment buyers will find no apartment stock on this street.

No major apartment developments are recorded on Rainbow St. The street is overwhelmingly comprised of detached houses, duplexes, and terraces, with no apartment projects contributing to the residential character.

2 houses sold in the past 12 months, while 0 apartments sold. The 5-year turnover rate for houses is 14.1%, representing the proportion of properties that changed ownership during the past five years. Apartment turnover data is unavailable.

Rainbow St aligns with buyers seeking detached houses on a collector road with a 50km/h speed limit. The 19.17% premium over the suburb median and the mixed site heights (above, level, and below the street) are key considerations. Buyers should review the 38 flood check recommendations and the 14.1% house turnover rate to understand the street's current market positioning.