2/5 Bombala CrescentRainbow Beach QLD 4581
Property Details for 2/5 Bombala Cres, Rainbow Beach
2/5 Bombala Cres, Rainbow Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 86m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (August 2020)
If you have been looking to get into the Rainbow Beach market, look no further.
This lowset unit is very well presented and features air conditioning, ceiling fans, large kitchen, open plan living and a separate laundry. The property also has solar panels on the roof (saving you money on electricity bills), a single carport, plus a good-sized back yard and garden shed.
Dont miss this excellent opportunity to purchase a neat and tidy unit in a great location. Part of a duplex with its own fully fenced back yard, this is an affordable option if you are looking to get into the market.
There is also an option to purchase the unit next door, separate titles with individually metered power and water. If both units are purchased together, the vendor is prepared to discount the sale price.
Unit currently rented out permanently at $280 per week with a great tenant in place.
Property Code: 1142
Property History for 2/5 Bombala Cres, Rainbow Beach, QLD 4581
- 12 May 2020Sold for $230,000
- 09 Dec 2019Listed for Rent $300 / year
- 22 Nov 2019Listed for Sale $250,000
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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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