Rainbow Flat, NSW 2430
Mid-Coast CouncilAll suburbs in postcode 2430
Updated
Median house price
$1,125,000
-3.4% over the past year.
Median of 17 house sales · NSW Valuer General · calendar 2025
Selling in Rainbow Flat?
Get the free selling guide, personalised to Rainbow Flat, or ask for a free appraisal from a local agent.
Rainbow Flat at a glance
- Median unit
- $237,600
- Weekly rent
- $585
- Houses · units $418
- Population
- 693
- Median age 51
Prices: Median of 17 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2430), June 2026 · Population: 2021 Census
House prices in Rainbow Flat
Houses change hands at $1,125,000 on a typical sale, in line with the NSW median (17 house sales, NSW Valuer General, calendar 2025). Units come in around $237,600, roughly 79% below the house median. The 12-month picture shows a softening market (-3.4%), giving buyers more room to negotiate.
For sellers
With 12-month growth at -3.4%, pricing should anchor to the most recent six months of comparables, not last year's peak.
For buyers
A 20% deposit on the median house works out to roughly $225,000. Prices are in line with the NSW median, so the broader state lending settings apply.
Rental data as of June 2026· NSW rental bond data (postcode 2430)
Free appraisal in Rainbow Flat
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What to know about Rainbow Flat
Rainbow Flat (2430) sits in the Mid-Coast region of NSW. The median house here is $1,125,000, in line with the NSW median of around $1.10M. Prices have moved -3.4% over the past year, well behind the NSW average (3%).
Rainbow Flat has roughly 693 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Rainbow Flat scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 28°C (warm), winter mornings around 8°C (cool). Annual rainfall lands at about 1,131 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 11 government primary, 4 government secondary, 3 Catholic, 2 independent.
Schools in Rainbow Flat
Location
Walkability
- Walk
- 0/100
- Transit
- 0/100
- Bike
- 0/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Rainbow Flat's population at 693, with a median age of 51. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (90% own, 7% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (80% family households, 17% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 80%
- Lone person
- 17%
- Owner occupied
- 90%
- Renter occupied
- 7%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.70% (median rent $585/wk against a $1,125,000 price tag). Units yield 9.15% gross, often the better cash-flow play for first-time investors. Renter share is modest (7%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 2.70%
- On the $1,125,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 9.15%
- On the $237,600 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- -3.4%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
37 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 1,131 mm
- Hottest month, avg max
- 28.2°C
- Coldest month, avg min
- 7.5°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Rainbow Flat
- What is the median house price in Rainbow Flat?
- The median house price in Rainbow Flat, NSW 2430 is $1,125,000 (median of 17 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $237,600. Annual growth is -3.4%.
- How much is my house worth in Rainbow Flat?
- A useful starting point is the Rainbow Flat median house price of $1,125,000 (units $237,600). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Rainbow Flat a good investment?
- On the published figures, the gross rental yield on houses in Rainbow Flat is 2.7%: the median weekly house rent is $585 (NSW rental bond data (postcode 2430), June 2026) against the median house price of $1,125,000 (NSW Valuer General, calendar 2025). The median house price fell 3.4% over 12 months on the same NSW Valuer General figures. Whether Rainbow Flat is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Rainbow Flat postcode?
- Rainbow Flat is in the 2430 postcode, in NSW, in the Mid-Coast Council region.
- Where is Rainbow Flat?
- Rainbow Flat is a suburb in the Mid-Coast Council area, NSW 2430.
- What is the average rent in Rainbow Flat?
- The median weekly rent for houses is $585, for units it's $418.
- What schools are in Rainbow Flat?
- There are 20 schools serving Rainbow Flat on this page, including Hallidays Point Public School, Manning Adventist School, Old Bar Public School.
- How walkable is Rainbow Flat?
- Rainbow Flat has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Rainbow Flat?
- Rainbow Flat is close to Tallwoods Village, Hallidays Point, Diamond Beach, Possum Brush, Kiwarrak.
- What is the population of Rainbow Flat?
- The population of Rainbow Flat is approximately 693 (2021 Census). The median age is 51.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.