OFF MARKET

70/5 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 70/5 Rainbow Shores Dr, Rainbow Beach

70/5 Rainbow Shores Dr, Rainbow Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. 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 May 2021.

Building Type
Unit
Year Built
2006
Floor Size
72m2
Land Size
91m2
Local Government
Gympie Regional
Lot/Plan
70/SP176759

Last Listing description (June 2021)

Ground floor, self-contained apartment with air conditioning and a fantastic outdoor entertainment area adjacent to a lap pool providing easy access. Walk to the pristine, surf beach via a bush track.

Situated in the beautiful and popular Rainbow Shores and offering everything you need for a relaxing beach side escape.

The unit is fully self-contained and features:

* air conditioning

* ceiling fans throughout

* microwave

* dishwasher

* spacious outdoor entertainment area

* fully furnished

Enjoy full use of all the complex facilities including:

* lap pool

* lagoon pool

* tennis Court

* 300m walk to the beach

* outdoor spa

* BBQ facilities

You can opt to permanently rent, holiday let or owner occupy. The choice is yours. Affordable beach side living at its best here. Arrange your viewing today.

Property Code: 1333

Property History for 70/5 Rainbow Shores Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$250,000
14 May 2021
  • 14 May 2021
    Sold for $250,000
  • 11 May 2021
    Listed for Sale $265,000
  • 19 Oct 2005
    Sold for $288,000

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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.