OFF MARKET

31 Carlo Road
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 135m2
Land area: 660m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 31 Carlo Rd, Rainbow Beach

31 Carlo Rd, Rainbow Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 660m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1980
Floor Size
135m2
Land Size
660m2
Local Government
Gympie Regional
Lot/Plan
32/RB96924

Last Listing description (April 2021)

This ugly duckling needs some maintenance work and modernising but the potential for capital gains and rental return here is great.

The main house features three bedrooms, bathroom, open plan living and kitchen area as well as a separate laundry with a second shower plus a carport. Currently rented at $260 per week, with current demand and some cosmetic improvements, it could be rented at $320 per week.

The separate granny flat/unit is open plan and boasts a kitchenette, bathroom and an additional carport. With some renovations, this could be rented out separately at approximately $200 per week.

The property is fenced on three sides, 660m2 block, has a garden shed and is only a few minutes drive to the Carlo Point boat ramp.

Please allow at least 24 hours notice for inspections as this property is permanently tenanted.

Property Code: 1272

Property History for 31 Carlo Rd, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$450,000
08 Feb 2021
  • 08 Feb 2021
    Sold for $450,000
  • 25 Nov 2020
    Listed for Sale $480,000
  • 21 Feb 1989
    Sold for $85,000

Commute Calculator

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 1,413 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.
There are currently 32 properties listed for sale, and 5 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

Market Insights
Rainbow Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rainbow Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.