ABS 2021 Census · Updated 31 March 2026
Rainbow Flat is a coastal suburb in New South Wales, Australia, with a population of approximately 693, making it a boutique locality. Located approximately 237 km from the Sydney CBD, Rainbow Flat is a coastal area in New South Wales. The median household income is $67,548 AUD per year (ABS 2021 Census).
Household earnings in Rainbow Flat are below the state average, which may affect long-term capital growth. The coastal setting provides a lifestyle factor that underpins property values.
Map shows Rainbow Flat, New South Wales, Australia.
Official Australia Post postcode for Rainbow Flat. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Rainbow Flat on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Coastal lifestyle is a strong draw for Rainbow Flat, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in New South Wales consistently attract interstate migration and lifestyle buyers. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,690/month. 92% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
A buy-and-hold approach in Rainbow Flat could work well with careful property selection and a longer time horizon.
Expect competitive but not exceptional rental returns in Rainbow Flat's current market.
Limited buyer depth in Rainbow Flat makes flip strategies higher-risk — consider rental conversion instead.
Run the numbers on a Rainbow Flat property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in Rainbow Flat is expected to be flat to modest in 2026, reflecting broader regional market conditions. Tenants in Rainbow Flat have options — presenting well-maintained properties is key to minimising vacancy. Sentiment is subdued, though improving local conditions could shift perceptions over time.
Rainbow Flat is a coastal area in New South Wales with a population of 693. The median rent is $400/week and the median household income is $67,548/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Rainbow Flat include lifestyle appeal and proximity to the coast. 92% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Rainbow Flat has a population of approximately 693. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Rainbow Flat is approximately 237 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant — local amenities and employment are important investment considerations.