OFF MARKET

48 Bombala Crescent
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 161m2
Land area: 600m2
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Property Details for 48 Bombala Cres, Rainbow Beach

48 Bombala Cres, Rainbow Beach is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2003. The property has a land size of 600m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
2003
Floor Size
161m2
Land Size
600m2
Local Government
Gympie Regional
Lot/Plan
86/MCH814250

Last Listing description (October 2023)

This multi-level home has a great beach vibe with modern architecture and a clever use of corrugated iron and timber for its external structure and appearance. Situated in a quiet area of town, the house is ideally suited as a permanent rental (currently tenanted) or could easily be freshened up and furnished for holiday letting.

Boasting loads of features including:

* three good size bedrooms that are carpeted and have built ins

* large upstairs room with a nice deck and high ceilings that could be used as a master bedroom or second living area

* two bathrooms (the main has a bath)

* ceiling fans throughout

* open plan kitchen and living area

* single lock up garage

* single carport adjacent to the garage

* hardwood floors throughout

* elevated location with great sea breezes

* large and usable established gardens

This could be your opportunity to get into the Rainbow Beach property market. You could totally relax in this house with family and friends and enjoy the natural beauty of the Cooloola Coast. The house is currently tenanted until 15/12/2023 at $560 per week.

With few properties hitting the market you will need to act fast to secure your own little piece of paradise.

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Property Code: 1557

Property History for 48 Bombala Cres, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$691,000
19 Oct 2021
  • 31 Mar 2023
    Listed for Sale $790,000
  • 19 Oct 2021
    Sold for $691,000
  • 12 Oct 2021
    Listed for Sale Offers over $650,000
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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 1,413 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

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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.