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47 Rainbow Street, Wollert$771,680
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For Salehouse

47 Rainbow Street

Wollert, VIC 3750, Australia
$771,680
4 bed 2 bath 2 car504 m²

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Listing description

About this property

The Lancaster 194 House and Land Package! * Mimosa Homes New Added Value Inclusions: - Inclusive of site costs & connections with H1 class slab as per standard inclusions! - 50 year Structural Warranty! - Quality floor coverings throughout entire home! - Higher ceilings 2550mm to ground floor! - Double Glazed Awning windows! - LED Downlights to entire home! - Vitrified Compact Surface benchtop to kitchen, bathroom & ensuite! - 600mm S/S upright oven and cook top with S/S canopy rangehood! - Stainless steel Dishwasher and Microwave - 7 star energy! - Flexible floor plans & so much more! CALL BUILDER DIRECT! All plans and facades are indicative only and may change. Mimosa Homes may amend plans, specifications, and prices without notice. Package prices are based on a standard facade, standard inclusions, and suitable land availability, excluding developer/estate requirements. Facade and inclusion images may show non standard items not included in the price. Dimensions are approximate. Landscaping, fencing, decking, planter boxes, driveways, and paths are excluded unless specified.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
504 m²
Listed
3 months ago

Repayment calculator

$3,741/month
$1,871 /fortnight
Loan $617,344 at 6.10% over 30 years

Upfront costs

Deposit$154,336
Stamp duty$41,371
Conveyancing (est.)$2,000
Total upfront$197,707
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Wollert

This 4-bedroom house in Wollert, VIC 3750 sits within reach of public transport, and nearby schools. It is listed 2% above the $755,000 median of 78 comparable houseswithin 5 km.

Schools near Wollert

  • Barrawang Primary Schoolprimary · Prep-6 · CoEd
  • Carlo Acutis Catholic Primary Schoolprimary · Prep-5 · CoEd
  • Edgars Creek Primary Schoolprimary · Prep-6 · CoEd
  • Glowrey Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Umarkoo Primary Schoolprimary
  • Wirrigirri Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Bridge Inn Road/Epping Road (bus)2.3 km away
  • Unnamed109 m away
  • Unnamed398 m away
  • Unnamed469 m away

Wollert at a glance

Full suburb profile
Population
24,407
Median age
30
Household income
$1,979/wk
Median rent
$391/wk
Median mortgage
$2,000/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Wollert is experiencing significant residential growth as part of Melbourne's northern growth corridor, with substantial new residential subdivisions, supporting retail and community infrastructure. The area is characterised by large-scale housing estate development, expansion of local centres, and strategic open space and trail connectivity projects. Development activity reflects Metropolitan Planning Authority strategy to accommodate population growth in designated growth areas north of Melbourne.

Nearby projects

5

Closest

0.3 km

Wollert shopping precinct expansion

500m1km1.5km2kmWollert shopping precinct expansion — 0.3 kmWollert North residential precinct — 0.5 kmMerri Creek Trail upgrade and linear park — 1.2 kmPrimary school campus (Government) — 1.5 kmMulti-lot residential DA applications — 2.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Wollert shopping precinct expansion

0.3 km
Mixed-useApproved

Local retail and commercial development including supermarket, services and supporting mixed-use residential above ground floor retail.

300 m

Wollert North residential precinct

0.5 km
Residential subdivisionUnder construction

Large-scale residential estate development with hundreds of residential lots across multiple stages in the northern growth corridor.

500 m

Merri Creek Trail upgrade and linear park

1.2 km
InfrastructureApproved

Regional trail and open space enhancement project connecting Wollert to broader regional open space network along Merri Creek.

1.2 km

Primary school campus (Government)

1.5 km
Community infrastructureCompleted

New government primary school facility to service growing residential population in the northern growth corridor.

1.5 km

Multi-lot residential DA applications

2 km
Residential subdivisionProposed

Ongoing residential development applications and DA approvals typical of growth area responding to urban densification targets.

2.0 km
Source: StMate AI — VIC development trends07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Wollert price trend

Median sold · House 4 bed

Compound growth +1.5% / yr over 4 yrs

$742kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Wollert market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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