501/255 Boundary St, Coolangatta, QLD 4225 | Unit for sale | OnTheHouse
FOR SALE
$1,490,000

501/255 Boundary Street
Coolangatta QLD 4225

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Spacious Coastal Residence in Rainbow Bay

Positioned on the fifth level of Rainbow Commodore, this spacious apartment presents a rare opportunity to secure a coastal residence within one of the Southern Gold Coast's most tightly held beachside pockets, Rainbow Bay.
Generous proportions, extensive storage, and a practical floorplan make the apartment exceptionally well suited to a range of buyers - whether as a permanent residence, lock-and-leave coastal base, holiday apartment, or quality long-term investment.
Designed with easy living in mind, the layout provides excellent separation between bedrooms and living spaces, while the open-plan kitchen, living, and dining area captures corridor ocean views, natural light, and coastal breezes. Multiple balconies, separate laundry, and extensive storage throughout combine to create a scale and functionality rarely seen within two-bedroom beachside apartment living.
Tastefully updated throughout, the apartment is move-in ready and presents an increasingly rare opportunity to secure a spacious residence within Rainbow Bay.
FEATURES
- Fifth floor beachfront apartment with ocean outlook
- Spacious living area capturing ocean views
- 3 balconies offering places to relax or entertain with sea breezes
- Functional kitchen with generous storage and cupboard space
- Master bedroom featuring walk through robe & bathroom
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Property Details for 501/255 Boundary St, Coolangatta

501/255 Boundary St, Coolangatta is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with RBR Property Consultants.

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About Coolangatta 4225

The size of Coolangatta is approximately 1.8 square kilometres. There are 8 parks, covering nearly 16.5% of the total area. The population of Coolangatta in 2016 was 5948 people. By 2021 the population was 6491 showing a population growth of 9.1% in the area during that time. The predominant age group in Coolangatta is 60-69 years. Households in Coolangatta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolangatta work in a professional occupation.In 2021, 55.70% of the homes in Coolangatta were owner-occupied compared with 48.20% in 2016.

Coolangatta has 6,490 properties. Over the last 5 years, Houses in Coolangatta have seen a 43.29% increase in median value, while Units have seen a 61.74% increase. As at 31 July 2026:

  • The median value for Houses in Coolangatta is $1,794,220 while the median value for Units is $1,373,571.
  • Houses have a median rent of $623 while Units have a median rent of $810.
There are currently 67 properties listed for sale, and 35 properties listed for rent in Coolangatta on OnTheHouse. According to Cotality's data, 341 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 4225

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Belinda Trotman
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RBR Property Consultants
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.