8 Bombala CrescentRainbow Beach QLD 4581
Property Details for 8 Bombala Cres, Rainbow Beach
8 Bombala Cres, Rainbow Beach is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 2002. The property has a land size of 1016m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (August 2016)
Rainbow Beach is located north of the Sunshine Coast and is the gateway to Fraser Island. With beautiful surf beaches, it is an extremely attractive area both for holidays and to live.
The property consists of two separate, individually fenced, dwellings. The main residence has three bedrooms, lounge dining room with cathedral ceiling, kitchen, bathroom and laundry. There are two tiled outside areas; a covered patio and a shade patio. The cottage has three bedrooms, a large kitchen/dining area/lounge, and bathroom/laundry. There is provision for parking four cars under cover with two areas having sufficient clearance to allow a half cabin boat to be parked. Solar power is installed and a solar hot water system services the main residence. The residence is fully furnished and could be a walk-in proposition. A thriving garden of Australian natives sets of the property. The block size is a large 1016 sq.m.
As a straight investment, the residence could attract a rental of approx. $280-300 whilst the cottage $185-200. Either could be used as holiday house whilst renting the other.
Property History for 8 Bombala Cres, Rainbow Beach, QLD 4581
- 17 Mar 2016Sold for $395,000
- 15 Sep 2015Listed for Sale $440,000 to $460,000
- 13 Jan 2006Listed for Sale $550,000
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0About 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 1,408 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.
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