FOR SALE
$620,000

68/5 Rainbow Shores Drive
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
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Beach escape, air con, pool, walk to beach

This stunning, light-filled and renovated unit is presented for sale and is located on the top (third) floor, capturing ocean breezes and enjoying lovely tropical landscaped garden vistas.
The modern unit comprises:
* massive master bedroom with plenty of room for a study space
* ensuite and private balcony to master
* two additional bedrooms
* separate two way bathroom
* spacious living area
* large balcony
* air conditioning
Resort facilities include a lagoon pool, lap pool, tennis court, children's play area and BBQ area. Only minutes' walk to the beach via a bush track.
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Property Details for 68/5 Rainbow Shores Dr, Rainbow Beach

68/5 Rainbow Shores Dr, Rainbow Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 124m2. The place is currently for sale with Cooloola Coast Realty - Rainbow Beach.

Building Type
Unit
Floor Size
124m2

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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 1,410 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 78.92% increase in median value, while Units have seen a 92.80% increase. As at 31 July 2024:

  • The median value for Houses in Rainbow Beach is $768,375 while the median value for Units is $554,632.
  • Houses have a median rent of $650 while Units have a median rent of $410.
There are currently 30 properties listed for sale, and 7 properties listed for rent in Rainbow beach on OnTheHouse. According to CoreLogic's data, 58 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.