1 Indigo AvenueRainbow Beach QLD 4581
Property Details for 1 Indigo Ave, Rainbow Beach
1 Indigo Ave, Rainbow Beach is a 4 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 569m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (November 2019)
Golden opportunity to secure one of only six residential properties located along the Rainbow Beach esplanade. These properties rarely come on the market and represent one of the most limited land categories in Rainbow Beach.
The existing building is a 3 bedroom, 1 bathroom house with fully fenced yard and is crying out for a renovation. Or take advantage of the location and clear it off for redevelopment.
The site is zoned Residential Choice within the Gympie Regional Council zoning code allowing dual-occupancy redevelopment, subject to council approval.
Plan for the future and inspect this property today.
Property History for 1 Indigo Ave, Rainbow Beach, QLD 4581
- 18 Oct 2019Sold for $665,000
- 18 Apr 2019Listed for Sale Not Disclosed
- 02 Nov 2012Sold for $550,000
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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 1,408 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.
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