SOLD
RECENT ADVICE
Sold on 03 May 2024 for $385,000

48/5 Rainbow Shores Drive
Rainbow Beach QLD 4581

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
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Property Details for 48/5 Rainbow Shores Dr, Rainbow Beach

48/5 Rainbow Shores Dr, Rainbow Beach is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Apartment sold in Rainbow Beach in the last 12 months.

Building Type
Apartment
Floor Size
90m2
Local Government
Gympie Regional
Lot/Plan
48/SP164979

Last Listing description (May 2024)

Surrounded by landscaped gardens, pools and overlooking manicured lawns, this fantastic unit is located on the ground floor and is only a few minutes' walk to the beautiful waters of Rainbow Beach.

Rainbow Shores is a leafy estate and is an easy walk to the beach.

Unit is fully self-contained and features:

- air conditioning

- ceiling fans throughout

- microwave

- dishwasher

- washing machine/dryer

Enjoy full use of all the complex facilities including:

- lap pool

- lagoon pool

- tennis court

- 300m walk to the beach

- BBQ facilities

The property is currently utilised as a holiday rental, but you can also opt to permanently rent or owner occupy - up to you.

Call today to arrange your inspection.

Property Code: 1666

Property History for 48/5 Rainbow Shores Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$385,000
03 May 2024
  • 15 Apr 2024
    Sold for $385,000
  • 05 Feb 2024
    Listed for Sale Not Disclosed
  • 17 May 2004
    Sold for $244,000

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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 1,410 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 78.92% increase in median value, while Units have seen a 92.80% increase. As at 31 July 2024:

  • The median value for Houses in Rainbow Beach is $768,375 while the median value for Units is $554,632.
  • Houses have a median rent of $650 while Units have a median rent of $410.
There are currently 30 properties listed for sale, and 7 properties listed for rent in Rainbow beach on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Rainbow beach.

Suburb Insights for Rainbow Beach 4581

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Contact agent
Dee White
Show contact details
Cooloola Coast Realty - Rainbow Beach
Preferred contact:
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.