SOLD
RECENT ADVICE
Sold on 16 Dec 2024 for $590,000

68/5 Rainbow Shores Drive
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
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Property Details for 68/5 Rainbow Shores Dr, Rainbow Beach

68/5 Rainbow Shores Dr, Rainbow Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom Unit sold in Rainbow Beach in the last 12 months.

Building Type
Unit
Floor Size
124m2

Last Listing description (December 2024)

This stunning, light-filled and renovated unit is presented for sale and is located on the top (third) floor, capturing ocean breezes and enjoying lovely tropical landscaped garden vistas.

The modern unit comprises:

* massive master bedroom with plenty of room for a study space

* ensuite and private balcony to master

* two additional bedrooms

* separate two way bathroom

* spacious living area

* large balcony

* air conditioning

Resort facilities include a lagoon pool, lap pool, tennis court, children's play area and BBQ area. Only minutes' walk to the beach via a bush track.

Currently owner occupied, you could also utilise the property as a holiday rental for a passive income – using it yourself for getaways with the family. Investment and lifestyle .... all rolled into one!

Three bedroom, two bathroom units, all on one level are rarely offered for sale within this complex. Arrange your inspection today.

Property Code: 1723

Property History for 68/5 Rainbow Shores Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$590,000
16 Dec 2024
  • 16 Dec 2024
    Sold for $590,000
  • 15 Nov 2024
    Listed for Sale $620,000
  • 30 Jul 2024
    Listed for Sale $620,000
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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 85.93% increase in median value, while Units have seen a 101.40% increase. As at 30 November 2024:

  • The median value for Houses in Rainbow Beach is $806,805 while the median value for Units is $583,756.
  • Houses have a median rent of $650 while Units have a median rent of $430.
There are currently 38 properties listed for sale, and 2 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
Preferred contact:
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.