2/29 Rumbalara AvenueRainbow Beach QLD 4581
Property Details for 2/29 Rumbalara Ave, Rainbow Beach
2/29 Rumbalara Ave, Rainbow Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 152m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Last Listing description (March 2017)
This is a wonderful opportunity to purchase your own apartment at gorgeous Rainbow Beach for well below $300,000.
Easy maintenance, block construction so great for holiday letting or permanent rental.
This wonderfully presented property features:
* two bathrooms
* large living area
* meals area
* ceiling fans throughout
* single lock up garage
* north facing balcony
* sea breezes
Situated on a quiet street in an elevated location, within walking distance to local shops and one of the world's most beautiful beaches.
Property Code: 404173036
Property History for 2/29 Rumbalara Ave, Rainbow Beach, QLD 4581
- 23 Jan 2017Sold for $240,000
- 20 Apr 2016Listed for Rent - Price not available
- 29 Sep 2015Listed for Sale Not Disclosed
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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.
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