SOLD
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Sold on 11 Oct 2024 for $492,000

1 Wyvern Road
Rainbow Beach QLD 4581

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 650m2
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Property Details for 1 Wyvern Rd, Rainbow Beach

Building Type
Land
Land Size
650m2
Local Government
Gympie Regional
Lot/Plan
18/SP329732

Last Listing description (October 2024)

Only a few hundred metres walk to the beach from your very own piece of paradise at Rainbow Beach.

Build the family beach side home you've always dreamt of or build a duplex - live in one, rent one/rent both, the choice is yours.

Only a 15-minute walk to the main street of Rainbow Beach and a few minutes’ walk to the beach from here. Build the beach house you have always wanted to enjoy with your family and friends. You can enjoy a passive income through holiday rental, move here yourself of permanently rent out your property – it is up to you.

Rainbow Beach is the perfect spot. We are only small (permanent population of approximately 1,300) but we have so much to offer. The natural beauty of our surroundings and quiet, laidback lifestyle attracts over 70,000 visitors per year. We have Restaurants and Cafes, Clubs, Pub, Pharmacy, Doctors, Butchers, and Supermarkets as well as kilometres of pristine surf beach.

Property Code: 1662

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Property History for 1 Wyvern Rd, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$492,000
11 Oct 2024
  • 29 Feb 2024
    Sold for $700,000

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About Rainbow Beach 4581

The size of Rainbow Beach is approximately 13.3 square kilometres. It has 12 parks covering nearly 3.2% of total area. The population of Rainbow Beach in 2011 was 1,103 people. By 2016 the population was 1,241 showing a population growth of 12.5% in the area during that time. The predominant age group in Rainbow Beach is 60-69 years. Households in Rainbow Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rainbow Beach work in a managers occupation. In 2011, 57.4% of the homes in Rainbow Beach were owner-occupied compared with 57.7% in 2016.

Rainbow Beach has 1,406 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 80.24% increase in median value, while Units have seen a 105.11% increase. As at 30 September 2024:

  • The median value for Houses in Rainbow Beach is $767,437 while the median value for Units is $566,289.
  • Houses have a median rent of $650 while Units have a median rent of $420.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Rainbow beach on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Rainbow beach.

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Contact agent
Dee White
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Cooloola Coast Realty - Rainbow Beach
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