Failford vs Rainbow Flat
Failford and Rainbow Flat have near-identical medians ($1,125,000 vs $1,125,000). Over the past year, Rainbow Flat (-3.4%) ran 7.5 percentage points ahead of Failford (-10.9%) on house-price growth.
Buying in Failford or Rainbow Flat?
Selling in Failford? The free selling guide
Failford and Rainbow Flat side by side
| Measure | Failford | Rainbow Flat |
|---|---|---|
| Price and market | ||
| Median house | $1,125,000 | $1,125,000 |
| Median unit | $237,600 | $237,600 |
| House price change, 12 months | -10.9% | -3.4% |
| Renting | ||
| House rent | $585/wk | $585/wk |
| Unit rent | $418/wk | $418/wk |
| Owner occupied | 90.0% | 90.0% |
| Renter occupied | 6.0% | 7.0% |
| Schools | ||
| Schools nearby | 3 | 20 |
| Average ICSEA | 958 | 928 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 748 | 693 |
| Median age | 58 | 51 |
| Climate | ||
| Annual rainfall | 1106 mm | 1131 mm |
| Mean max, January | 28.4°C | 28.2°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Failford (958) sits above Rainbow Flat (928).
- For buyers
- The two suburbs land at similar price points ($1,125,000 vs $1,125,000), so the buying decision usually comes down to lifestyle fit rather than affordability.
- For investors
- Rainbow Flat has run faster on 12-month capital growth, favouring growth-led investors.
- For families
- Failford edges out on average school ICSEA (958 vs 928).
Failford vs Rainbow Flat: common questions
Which has stronger property growth, Failford or Rainbow Flat?
Over the past 12 months, Rainbow Flat grew -3.4% vs -10.9% in Failford, a gap of 7.5 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Failford or Rainbow Flat have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Failford scores 958 vs 928 in Rainbow Flat. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Keep comparing
The two suburbs
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Choosing between Failford and Rainbow Flat?
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