OFF MARKET

58/5 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 58/5 Rainbow Shores Dr, Rainbow Beach

58/5 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 November 2004.

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

Last Listing description (January 2021)

Beautifully presented and absolutely nothing to do here. Just a short stroll to the beautiful sandy beach at Rainbow.



Top floor of a three level building, this fantastic two bedroom apartment is situated in the beautiful and popular Rainbow Beach Resort and offers everything you need for a relaxing beach side escape as well as a lifestyle investment.

You can sit and soak up the sun in the morning with your coffee or walk out and cool down in your choice of lap or lagoon pools. Ready to live in or rent out, you can take advantage of a great passive income through holiday letting if you choose to.

This unit is for sale fully furnished and features:

* two bedrooms with built ins

* Modern kitchen with cook top and built in oven

* Reverse cycled air conditioner

* Washing machine and dryer



The complex includes a lap pool, lagoon pool, tennis court, BBQ area and plenty of grassed areas for the kids to kick a ball around.

Arrange your inspection today and don't miss this opportunity.

Property Code: 989

Property History for 58/5 Rainbow Shores Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$260,000
28 Nov 2004
Listed for Rent
$260/w
01 Jul 2019
  • 31 May 2019
    Listed for Rent - Price not available
  • 16 Feb 2019
    Listed for Rent - Price not available
  • 01 Nov 2018
    Listed for Sale $220,000
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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.
There are currently 32 properties listed for sale, and 3 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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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.