11 Cypress AvenueRainbow Beach QLD 4581
Property Details for 11 Cypress Ave, Rainbow Beach
11 Cypress Ave, Rainbow Beach is a 8 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 828m2. While the property is not currently for sale or for rent, it was last sold in December 2009.
Last Listing description (January 2010)
BUSINESS OPPORTUNITY OR MASSIVE FAMILY HOME
CURRENTLY BEING UTILISED AS A POPULAR BACKPACKER'S HOSTEL, THIS PROPERTY IS OFFERED FOR SALE WITH A HUGE AMOUNT OF INFRASTRUCTURE IN PLACE.
LOCATED LESS THAN A 10 MINUTE WALK TO THE PRISTINE SURF BEACH AND ONLY 5 MINUTES' WALK TO THE LOCAL SHOPS, CAFES AND PARKS.
CURRENT OWNER IS PREPARED TO LEASE BACK THE PROPERTY AT $1,000 WEEK FOR TWO YEARS IF THE NEW OWNER SO DESIRES - WHAT A GREAT RETURN!
WITH RAINBOW BEACH GOING AHEAD IN HUGE LEAPS AND BOUNDS, GET IN QUICK BEFORE THE MARKET BOOMS AGAIN....
ADDITIONAL FEATURE - CURRENTLY UTILISED AS A POPULAR BACKPACKERS.
Property History for 11 Cypress Ave, Rainbow Beach, QLD 4581
- 17 Dec 2009Sold for $500,000
- 17 Nov 2009Listed for Sale 800000
- 29 Nov 2008Listed for Sale AUCTION
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0About 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 1,413 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.
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