SOLD
Sold on 28 Apr 2024 for $385,000

63/5 Rainbow Shores Drive
Rainbow Beach QLD 4581

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 90m2
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Property Details for 63/5 Rainbow Shores Dr, Rainbow Beach

63/5 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 96m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Rainbow Beach in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
96m2
Land Size
90m2
Local Government
Gympie Regional
Lot/Plan
63/SP164979

Last Listing description (July 2024)

Gorgeous unit situated on the top floor, with a large balcony overlooking tropical landscaped gardens. Lovely, celestial windows allowing natural light into the living area. Walk to the beach via a bush track.

Modern, two-bedroom apartment situated in the beautiful and popular Rainbow Shores Resort boasting everything you need for a relaxing beach side escape.

Rainbow Shores Resort is set in a leafy estate and is situated less than 10 minutes walk to the beach.

Unit is fully self-contained featuring:

* air conditioning

* ceiling fans throughout

* microwave

* dishwasher

* washing machine/dryer

Enjoy full use of all the resort facilities including:

* lap pool

* lagoon pool

* tennis court

* 350 metre walk to the beach

* kid's playground

* BBQ facilities

Rainbow Beach is the perfect spot. We are only small (permanent population of approximately 1,300) but we have so much to offer. The natural beauty of our surroundings and quiet, laidback lifestyle attracts over 70,000 visitors per year. We have Restaurants and Cafes, Clubs, Pub, Pharmacy, Doctors, Butchers, and Supermarkets as well as kilometres of pristine surf beach.

Property Code: 1651

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Property History for 63/5 Rainbow Shores Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$385,000
28 Apr 2024
  • 03 May 2024
    Listed for Sale $399,000
  • 28 Apr 2024
    Sold for $385,000
  • 18 Dec 2023
    Listed for Sale Not Disclosed
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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 1,407 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 30 properties listed for sale, and 2 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.

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