OFF MARKET

1/29 Green Valley Drive
Rainbow Beach QLD 4581

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 218m2
Land area: 335m2
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Property Details for 1/29 Green Valley Dr, Rainbow Beach

1/29 Green Valley Dr, Rainbow Beach is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 335m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Floor Size
218m2
Land Size
335m2
Local Government
Gympie Regional
Lot/Plan
1/SP268327

Last Listing description (December 2020)

Excellent location within easy walking distance to the beach.

Large block which could be redeveloped (zoned multi unit) subject to council approval. The property is currently strata titled as a Two Lot Scheme : CTS Seahouses.

Development can be either standard duplex or two stand alone properties on the land.

Currently rented as two separate units - total current weekly rental income is $360. Separate water and electricity meters.

Property Code: 889

Property History for 1/29 Green Valley Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$442,000
05 Nov 2020
Listed for Rent
$185/w
04 Apr 2016
  • 20 Nov 2020
    Listed for Sale $448,000
  • 05 Nov 2020
    Sold for $442,000
  • 20 Dec 2019
    Listed for Sale $448,000
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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 1,407 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 32 properties listed for sale, and 3 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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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.