SOLD
Sold on 08 Jun 2024 for $490,000

3/2 Cypress Avenue
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 110m2
Sold By
Weir & Co Real Estate
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Property Details for 3/2 Cypress Ave, Rainbow Beach

3/2 Cypress Ave, Rainbow Beach is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 110m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Rainbow Beach in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
89m2
Land Size
110m2
Local Government
Gympie Regional
Lot/Plan
3/BUP4749

Last Listing description (July 2024)

Auction Location: Onsite

Welcome to Unit 3/2 Cypress Avenue, Rainbow Beach.

Nestled within a cozy complex of six units, this ground-level apartment presents two spacious bedrooms and an inviting open-plan living space. Relish in modern comforts!

Key features:
- Three bedrooms
- A single bathroom
- Air conditioning
- Large Kitchen space
- Carpeted rooms
- Tiled floors throughout
- A private laundry.
- Fenced outdoor area creating privacy
- Undercover car park
- Private outdoor area
- Benefit from its location - 5 mins walk away from shops, cafes, restaurants, and direct access to Rainbow Beach
- A 50-minute drive to Gympie

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 3/2 Cypress Ave, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$490,000
08 Jun 2024
  • 08 Jun 2024
    Sold for $490,000
  • 07 May 2024
    Listed for Sale Not Disclosed
  • 02 May 2022
    Sold for $450,000
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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 30 properties listed for sale, and 2 properties listed for rent in Rainbow beach on OnTheHouse. According to CoreLogic's data, 60 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.