Thinking about buying in Rainbow Reach? Now could not be a better time, with just 45 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $907,000 with prices in this suburb ranging from $638,000 to $1,371,000. Rainbow Reach is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Rainbow Reach Real Estate Market Outlook
In Rainbow Reach there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Rainbow Reach is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Rainbow Reach leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Rainbow Reach the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Properties for sale Rainbow Reach
|
lot 63 suez rd, rainbow reach, nsw, 2440 |  3 |
 1 |
 3 |
$800,000 |
|
|
917 plummers lane, rainbow reach, nsw, 2440 | 5 |
3 |
2 |
$1,340,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Rainbow Reach there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Rainbow Reach weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
| Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
| Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
| Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
| May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
| Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
| Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
| Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
| Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
| Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
| Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
| Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 16-02-2024 | $1,000,000 | 661 PLUMMERS LANE |
| 17-08-2022 | $1,390,000 | 464 RAINBOW REACH RD |
| 15-10-2021 | $740,000 | 179 RAINBOW REACH RD |
| 31-01-2019 | $600,000 | 661 PLUMMERS LANE |
| 19-05-2017 | $670,000 | 479 PLUMMERS LANE |
| 25-05-2016 | $430,000 | 661 PLUMMERS LANE |
| 01-12-2015 | $277,500 | 171 RAINBOW REACH RD |
| 09-06-2015 | $875,000 | 714 PLUMMERS LANE |
| 30-04-2015 | $745,000 | 464 RAINBOW REACH RD |
| 20-01-2012 | $290,000 | 551 RAINBOW REACH RD |
| 20-12-2010 | $685,000 | 512 RAINBOW REACH RD |
| 11-11-2009 | $360,000 | 917 PLUMMERS LANE |
| 24-03-2009 | $690,000 | 253 RAINBOW REACH RD |
| 26-02-2007 | $280,000 | 265 RAINBOW REACH RD |
| 19-09-2006 | $735,000 | 136 SUEZ RD |
| 31-05-2006 | $950,000 | 832 PLUMMERS LANE |
| 15-03-2006 | $700,000 | 392 RAINBOW REACH RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Macksville - Greater then 10KM
Nambucca Heads - Greater then 10KM
Eungai - Greater then 10KM
Kempsey - Greater then 10KM
General Points of Interest
South West Rocks Country Club - Less than 10 KM
South West Rocks Golf Club - Less than 10 KM
South West Rocks Swimming Pool - Less than 10 KM
German Monument - Less than 10 KM
Smoky Cape - Less than 10 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!