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12/38-40 Rainbow Street, Kingsford NSW 2032

Kingsford Unit
Last sold $1,000,000 27 Nov 2024
Technical details
Title reference12/SP21963
Site area (whole strata scheme)1,288 m²
ZoningR3 Medium Density Residential
Nature of propertyResidence
Primary purposeResidence
Valuation district207
Property ID2014482

How this sale compares

Sold for $1,000,000 in Nov 2024, up $260,000 (35%) on the $740,000 paid in May 2020. That is about 6.8% a year over 4.6 years.

Over the same period the median unit price in Kingsford rose 11%, from $819,000 in 2020 to $907,500 in 2024.

The 2024 sale was 10% above the Kingsford median unit price for that year ($907,500 across 156 sales).

Since then the median unit price in Kingsford has risen 11%, from $907,500 in 2024 to $1,009,000 over the last 12 months (88 sales).

Kingsford medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Kingsford sold prices by year.

Rent and yield

Units in postcode 2032 rented for a median $800 a week, from 1,224 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $1,000,000 on 27 Nov 2024, that rent is a gross yield of 4.2% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Kingsford.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
27 Nov 2024 5 Feb 2025 $1,000,000 - - - 12/SP21963
1 May 2020 12 Jun 2020 $740,000 - - - 12/SP21963
$1,000,000 Sold 27 Nov 2024
Settled5 Feb 2025
Beds-
Baths-
Cars-

Title reference: 12/SP21963

$740,000 Sold 1 May 2020
Settled12 Jun 2020
Beds-
Baths-
Cars-

Title reference: 12/SP21963

Other sales at 38-40 Rainbow Street

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
7 15 Feb 2023 22 Mar 2023 $828,000 - - - 7/SP21963
1 11 Feb 2022 25 Mar 2022 $850,000 - - - 1/SP21963
6 27 Nov 2021 1 Feb 2022 $843,000

Property features as at 20 June 2018. If the property has been renovated or altered, features may be different for sales before or after this date.

2 1 1 6/SP21963
16 20 Mar 2020 1 May 2020 $814,000 - - - 16/SP21963
1 5 Nov 2016 19 Dec 2016 $855,000 - - - 1/SP21963
7 28 Nov 2015 25 Jan 2016 $710,000 - - - 7/SP21963
$828,000 Sold 15 Feb 2023
Unit7
Settled22 Mar 2023
Beds-
Baths-
Cars-

Title reference: 7/SP21963

$850,000 Sold 11 Feb 2022
Unit1
Settled25 Mar 2022
Beds-
Baths-
Cars-

Title reference: 1/SP21963

$843,000 Sold 27 Nov 2021
Unit6
Settled1 Feb 2022
Beds2
Baths1
Cars1

Property features as at 20 June 2018. If the property has been renovated or altered, features may be different for sales before or after this date.

Title reference: 6/SP21963

$814,000 Sold 20 Mar 2020
Unit16
Settled1 May 2020
Beds-
Baths-
Cars-

Title reference: 16/SP21963

$855,000 Sold 5 Nov 2016
Unit1
Settled19 Dec 2016
Beds-
Baths-
Cars-

Title reference: 1/SP21963

$710,000 Sold 28 Nov 2015
Unit7
Settled25 Jan 2016
Beds-
Baths-
Cars-

Title reference: 7/SP21963

Recent sales on Rainbow Street

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Kingsford

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