FOR SALE
$1,390,000

3 Carlo Road
Rainbow Beach QLD 4581

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 600m2
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Rare Opportunity to purchase both sides of a duplex

Recently upgraded and beautifully renovated, these centrally located units are the perfect opportunity for an investor. Currently utilised as holiday rentals, the two x units are very popular and have an extensive repeat guest list. You could opt to live in one and rent out the other or keep both for a passive income plus lifestyle investment by utilising it yourself for holidays with family and friends.
This property comprises two x three-bedroom units, side by side, both with one bathroom.
Located across the road from the IGA shopping centre on a flat, usable, fully fenced, 600m2 block.
Excellent rental returns through holiday letting, new security screens/flyscreens throughout, split system air conditioners to all bedrooms and living areas for year round comfort.
Only a short walk to the patrolled surf beach, cafes, Pub and Clubs. Less than a five-minute drive to the Carlo Point boat ramp.
This property is in a great location and there is nothing to do but enjoy, arrange your inspection today.
Property Code: 1732

Property Details for 3 Carlo Rd, Rainbow Beach

3 Carlo Rd, Rainbow Beach is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 600m2. The place is currently for sale with Cooloola Coast Realty - Rainbow Beach.

Building Type
House
Land Size
600m2

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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 1,407 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 80.67% increase in median value, while Units have seen a 100.41% increase. As at 31 October 2024:

  • The median value for Houses in Rainbow Beach is $779,906 while the median value for Units is $576,051.
  • Houses have a median rent of $650 while Units have a median rent of $430.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Rainbow beach on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Rainbow beach.

Suburb Insights for Rainbow Beach 4581

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Dee White
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Cooloola Coast Realty - Rainbow Beach
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.