SOLD
Sold on 02 Aug 2024 for $450,000

69/5 Rainbow Shores Drive
Rainbow Beach QLD 4581

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 91m2
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Property Details for 69/5 Rainbow Shores Dr, Rainbow Beach

69/5 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 91m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Rainbow Beach in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
72m2
Land Size
91m2
Local Government
Gympie Regional
Lot/Plan
69/SP176759

Last Listing description (September 2024)

The Phone Code for this property is: 43671. Please quote this number when phoning or texting.

Welcome to your slice of paradise at Rainbow Beach! Nestled within the prestigious Rainbow Shores estate, Unit 69 offers a rare opportunity for luxury beach living.

Features:

? Prime top floor location fully renovated
? 2 bedrooms
? Fully furnished with tasteful d?cor (except for the large painting)
? Air conditioning for year-round comfort
? Ceiling fans throughout
? Modern kitchen with microwave and dishwasher
? Convenient in-unit washing machine/dryer
? This exclusive unit boasts a standout feature: high ceilings with a window on the top, a distinctive trait shared by only a few apartments in the resort.

Step outside your door to discover resort-style amenities, including:

? Lap pool for fitness enthusiasts.
? Lagoon pool for leisurely swims and kids
? Tennis court for active recreation
? BBQ facilities for outdoor entertaining
? Immaculately landscaped gardens
The property's proximity to the beach ensures breathtaking views and easy access to pristine sands and azure waters. Rainbow Beach is located between the stunning Pacific Ocean and the Great Sandy National Park, and is one of Queensland's best coastal towns. On the doorstep to world-famous Fraser Island (K'Gari), Rainbow Beach is a scenic beach drive from Noosa via Teewah Beach and Double Island Point. Surrounded by nature, we are spoiled with our seaside environment, small-town feel, and relaxed lifestyle.
Currently listed on Airbnb and Bookings (.com) with a strong rental history, this apartment presents an ideal opportunity for those looking to establish or expand their short-term rental portfolio. We are willing to sell with the listing and the review history. Start earning on day one.

This is a direct sale, meaning you'll deal directly with the owner. Appointments for viewings can be easily scheduled to accommodate your convenience.

Don't miss out on the chance to experience the ultimate beachfront lifestyle. Contact us today to arrange your private inspection of Unit 69/5 Rainbow Shores Dr, Rainbow Beach.

Body corp: approx $1,400 per quarter
Rates: approx $3,000 per year (Gympie council, includes water)

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 69/5 Rainbow Shores Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$450,000
02 Aug 2024
Listed for Rent
$260/w
29 Nov 2014
  • 02 Aug 2024
    Sold for $450,000
  • 28 Jan 2022
    Sold for $410,000
  • 18 Jan 2020
    Sold for $190,000
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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 1,407 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.

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.