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.
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
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:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.