5 Bombala CrescentRainbow Beach QLD 4581
Property Details for 5 Bombala Cres, Rainbow Beach
5 Bombala Cres, Rainbow Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 172m2.
Last Listing description (March 2018)
Amazing opportunity to purchase a strata-titled property in a great location. Two x two bedroom units, both with their own fully fenced back yard. You could opt to live in one and holiday let or permanently rent the other. You could also choose to sell one of the units down the track and retain the other one. Completely separate titles with individually metered power and water.
Both units are very well presented and feature air conditioning, ceiling fans, large kitchen, open plan living, separate laundry.
If rented out permanently, you could expect a weekly rent of $280 per unit - total $560/week.
Solar panels on the roof; single carport per unit as well as a good sized back yard and garden shed.
Property Code: 913
Property History for 5 Bombala Cres, Rainbow Beach, QLD 4581
- 12 Feb 2018Listed for Sale $470,000
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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 1,408 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.
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