SOLD
Sold on 15 Sep 2023 for $382,000

56/5 Rainbow Shores Drive
Rainbow Beach QLD 4581

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 90m2
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Property Details for 56/5 Rainbow Shores Dr, Rainbow Beach

56/5 Rainbow Shores Dr, Rainbow Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 90m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Rainbow Beach in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
71m2
Land Size
90m2
Local Government
Gympie Regional
Lot/Plan
56/SP164979

Last Listing description (October 2023)

Situated in a beautiful, resort setting, this modern unit is only a 10 minute walk to the incredible Rainbow Beach and nestled within a popular complex with loads of amenities - you can live the holiday lifestyle and own it!

This second floor, north-east facing beauty is for sale fully furnished. The extremely large, almost 20m2 balcony catches the beautiful Rainbow Beach breeze while overlooking tropical landscaped gardens and an outdoor spa area.

Currently tenanted at $300 per week until 16/02/2024 - please note 24 hours written notice required to inspect.

Location:

Rainbow Beach is located 1-hour 40mins North from the Sunshine Coast airport. 2 hours 30 mins North from Brisbane airport. The Rainbow Shores Resort is located 1.7km north of the main Rainbow Beach township. (Approximately 20 minute walk via a dedicated path or via the beach).

The Rainbow Shores Resort:

The complex features a large, child friendly lagoon pool with BBQ entertainment area, 25m lap pool, outdoor heated spa, full size tennis court, ping pong table, and designated covered outdoor BBQ area, all within a well maintained and picturesque tropical garden setting. Onsite undercover non designated parking, with spaces to park trailers and boats.

Property Code: 1598

Property History for 56/5 Rainbow Shores Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$382,000
15 Sep 2023
Listed for Rent
$235/w
13 Jun 2011
  • 15 Sep 2023
    Sold for $382,000
  • 12 Jul 2023
    Listed for Sale Not Disclosed
  • 19 May 2021
    Sold for $265,000
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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
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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.