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Unit 58/5 Rainbow Shores Drive, Rainbow Beach$495,000
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Unit 58/5 Rainbow Shores Drive

Rainbow Beach, QLD 4581, Australia
$495,000
2 bed 1 bath 1 car90 m²

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About this property

Beautifully presented and offering a strong passive income, this third floor modern unit is only a 10 minute walk to the incredible Rainbow Beach and nestled within a popular complex with loads of amenities - you can live the holiday lifestyle and own it! This top floor, north-east facing beauty boasts high ceilings, air conditioning and loads of natural light. The extremely large almost 20m2 balcony catches the beautiful Rainbow Beach breeze while overlooking tropical landscaped gardens and an outdoor spa area. Offered for sale fully furnished, you can either move in, opt to permanently rent it out, or keep it as a holiday rental and utilise it yourself. Location: Rainbow Beach is located 1-hour 40mins North from the Sunshine Coast airport. 2 hours 30 mins North from Brisbane airport. The Rainbow Shores Resort is located 1.7km north of the main Rainbow Beach township. The Rainbow Shores Resort: The complex features a large child friendly lagoon pool with BBQ entertainment area, 25metre lap pool, outdoor heated spa, full size tennis court, ping pong table, and designated covered outdoor BBQ area, all within a well maintained and picturesque tropical garden setting. Onsite, undercover non designated parking. Call today for more information and to arrange an inspection. Property Code: 1965

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
90 m²
Listed
3 weeks ago

Repayment calculator

$2,400/month
$1,200 /fortnight
Loan $396,000 at 6.10% over 30 years

Upfront costs

Deposit$99,000
Stamp duty$15,750
Conveyancing (est.)$2,000
Total upfront$116,750
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Rainbow Beach

This 2-bedroom apartment in Rainbow Beach, QLD 4581 sits within reach of public transport, local shops and nearby schools. It is listed 57% below the $1.15m median of 38 comparable apartmentswithin 5 km.

Schools near Rainbow Beach

  • Rainbow Beach State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Clarkson Dr at Rainbow Shores (bus)112 m away
  • Rainbow Beach Australia1.7 km away
  • Laurie Hanson Park1.4 km away
  • Lawrie Hanson Park1.5 km away
  • Phil Rogers Park1.8 km away

Rainbow Beach at a glance

Full suburb profile
Population
1,220
Median age
56
Household income
$972/wk
Median rent
$280/wk
Median mortgage
$1,605/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Rainbow Beach price trend

Median sold · Unit 2 bed

Compound growth +2.9% / yr over 4 yrs

$460kcurrent median

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1 price change recorded for this property

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