OFF MARKET

7 Prospect Place
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 1048m2
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Last updated 11 Nov 2024
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Property Details for 7 Prospect Pl, Rainbow Beach

7 Prospect Pl, Rainbow Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1048m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Floor Size
104m2
Land Size
1048m2
Local Government
Gympie Regional
Lot/Plan
24/RB9699

Last Listing description (December 2018)

Centrally located within an easy ten minute walk to the patrolled surf beach yet nestled in a quiet cul-de-sac, this property is in a highly sought after area.

Huge block of land (1,048m2) which is extremely rare this close to the beach.

Solid home with very little maintenance required. The spacious living area is air conditioned and tiled which makes it cool during those warm summer months whilst the outdoor entertainment area is fully covered and enclosed on two sides.

All three bedrooms have ceiling fans and the main bedroom also has a window-mounted, air conditioner.

Currently utilised as a holiday house, the property would also suit as a permanent rental or you could opt to redevelop down the track (Subject to Council Approval).
Property Code: 901

Property History for 7 Prospect Pl, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$485,000
16 Nov 2018
  • 16 Nov 2018
    Sold for $485,000
  • 11 Dec 2017
    Listed for Sale $550,000

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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 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.