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Rainbow Estate

Port Moresby, NCD

3 homes are for sale here, too few of them priced for us to publish a typical figure.

Median asking price
Not published
Needs 30 priced listings; 3 here
 
Median asking rent
Not published
Needs 30 priced listings; 0 here
 
Price per m²
Not published
Needs 30 homes stating a floor area
 
Gross yield
Not published
Needs 30 priced listings on both sides
 

Where it sits

Rainbow Estate against the other sangkats of Port Moresby

Every figure below is measured the same way, at the same moment, for all 26 of them. That is the only thing that makes a number like this mean anything.

Compared

Rainbow Estate against the other sangkats of Port Moresby

Two counts cannot tell you which one to live in. Tap a heading to re-rank.

Korobosea14——15——
8 mile12——13——
Gerehu10——0——
Touaguba Hill9——20——
2 Mile8——8——
9 Mile8——0——
Boroko8——46K1,800—
Town7——81K3,500—
7 mile6——19——
Ela Beach6——32K3,600—
Gabutu6——0——
Tokarara6——7——
Gordons5——20——
Hohola5——13——
Konedobu5——8——
Boroko East4——9——
Other4——0——
Waigani4——15——
Malolo Estate3——0——
Napa Napa3——0——
5 mile0——19——
6 Mile0——6——
Gordons 50——7——
Islander Village0——5——
Koki0——5——
Paga Hill0——12——

A dash is not a zero. A median needs 30 priced listings behind it and a yield needs 30 on each side; 26 of these fall under that on at least one measure, so those figures are withheld rather than printed off a handful of homes.

Straight questions

The questions people ask about Rainbow Estate

Answered from the listings themselves, and recomputed every morning.

What kind of property is for sale in Rainbow Estate?

Mostly block of units / house / bedsit. Of the 3 homes for sale, 1 are listed as block of units / house / bedsit.

Living here

What Rainbow Estate is actually like

Rainbow Estate is situated just before the main suburb of Gerehu and features a range of amenities including parks, campuses, and shopping centers. Key locations in the area include Stop N Shop on Waigani Drive, Eliseo Supermarket, and Puma Service Station, which offers various food outlets. The suburb predominantly consists of medium-sized, high-post timber frame homes built post-independence, making it an ideal choice for families with children attending local universities or schools.

Recent housing developments include Kenamu Estate, located on a hillside and offering land packages with panoramic views of the surrounding area.

The Port Moresby Nature Park,  is a popular weekend destination for families. Visitors can enjoy the park's diverse wildlife, including cassowaries, as well as its beautiful natural flora and fauna.

Adjacent to the Nature Park is the University of Papua New Guinea (UPNG), which boasts a large campus extending towards the back road linking Morauta and Gerehu. This expansion supports the university’s growth and accessibility.

 

History

The majority of Rainbow Estate is surrounded by undeveloped land, with majority in the area reserved for the UPNG campus however the university hasn't had any noticeable expands to the campus and has seen some portions get leased out for services including service stations or housing developments. 

Food

The suburb is developing and showing new outlets in the area including the new Buffalo Burger outlet within the Puma Service Station. Stop N Shop Rainbow offers a few small eateries for a quick snack or pastery. 

Transportation

With Waigani Drive passing through Rainbow Estate, many major bus routes pass through the suburb catering also for the suburb of Gerehu. 

Every word above is already written, and already on the site.

From here

On the market in Rainbow Estate right now

3 for sale in Rainbow EstateEvery area in Papua New Guinea
Nearby guides:KoroboseaGerehuBorokoGabutuTokararaGordonsBoroko EastWaigani6 MileGordons 5

Straight answers

What these figures are, and what we will not print

Where these figures come from, and where they stop.

Asking, not sold

Every price here is what a seller or landlord advertises on this site today. Cambodia publishes no register of transaction prices, so nobody can honestly print what homes actually sold for.

Why there is no price chart

Our historical figures are not measured consistently enough to compare one year with another, so we would rather show no trend line than a misleading one.

Small samples are withheld

A median needs 30 priced listings behind it, and a yield needs 30 on each side. Below that the figure is a dash. A dash is an admission; a number would be a claim.

Per square metre is computed

Price divided by floor area, every time, over the homes that state one. The per-square-metre figure agents type into the listing form is never used here.

These counts match the search

Every count is what the search results page returns for the same area, because it is the same query.

Written by people

The sections under "Living here" were researched, written and photographed for this site. Nothing on this page is generated prose.