SOLD
Sold on 11 Apr 2024 for $385,000

72/5 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 72/5 Rainbow Shores Dr, Rainbow Beach

72/5 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 April 2024. There are other 2 bedroom Unit sold in Rainbow Beach in the last 12 months.

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

Last Listing description (May 2024)

Surrounded by landscaped gardens, pools and overlooking manicured lawns, this fantastic unit is located on the middle (second) floor and is only a few minutes' walk to the beautiful waters of Rainbow Beach.

Rainbow Shores is a leafy estate and is an easy walk to the beach.

Unit is fully self-contained and features:

- air conditioning

- ceiling fans throughout

- microwave

- dishwasher

- washing machine/dryer

Enjoy full use of all the complex facilities including:

- lap pool

- lagoon pool

- tennis court

- 300m walk to the beach

- BBQ facilities

The property is currently utilised as a holiday rental, but you can also opt to permanently rent or owner occupy - up to you.

Call today to arrange your inspection.

Property Code: 1647

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Property History for 72/5 Rainbow Shores Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$385,000
11 Apr 2024
  • 03 May 2024
    Listed for Sale $399,000
  • 11 Apr 2024
    Sold for $385,000
  • 01 Dec 2023
    Listed for Sale $399,000
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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 1,406 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 80.24% increase in median value, while Units have seen a 105.11% increase. As at 30 September 2024:

  • The median value for Houses in Rainbow Beach is $767,437 while the median value for Units is $566,289.
  • Houses have a median rent of $650 while Units have a median rent of $420.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Rainbow beach on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Rainbow beach.

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Cooloola Coast Realty - Rainbow Beach
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