48 Double Island Drive, Rainbow Beach, QLD 4581 | House for sale | OnTheHouse
 
FOR SALE
$799,000

48 Double Island Drive
Rainbow Beach QLD 4581

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 670m2
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Great Opportunity Here

Fantastic opportunity to buy a solid home in an elevated and sought-after location. Only 10 minutes walk to the main street and not much further to the patrolled surf beach. The home features an open plan living/dining/kitchen area and good-sized backyard—670m2 block. Surrounded by quality homes, features include:
* exposed beams
* easy care flooring throughout
* garden shed at rear
* shower over bath
* separate toilet
* separate laundry at rear
* large, split system air conditioning in living area
Relax and unwind on the timber deck off the living area. The other bonus is the side access – perfect for the caravan or boat.
Currently tenanted until mid-May 2026, would suit as a permanent residence or a family beach home.
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Property Details for 48 Double Island Dr, Rainbow Beach

48 Double Island Dr, Rainbow Beach is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 670m2. The place is currently for sale with Cooloola Coast Realty - Rainbow Beach.

Building Type
House
Land Size
670m2
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About Rainbow Beach 4581

The size of Rainbow Beach is approximately 13.3 square kilometres. There are 12 parks, covering nearly 3.2% of the total area. The population of Rainbow Beach in 2016 was 1249 people. By 2021 the population was 1220 showing a population decline of 2.3% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Rainbow Beach work in a managers occupation.In 2021, 65.10% of the homes in Rainbow Beach were owner-occupied compared with 57.70% in 2016.

Rainbow Beach has 1,418 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 75.62% increase in median value, while Units have seen a 72.98% increase. As at 30 April 2026:

  • The median value for Houses in Rainbow Beach is $916,575 while the median value for Units is $616,845.
  • Houses have a median rent of $640 while Units have a median rent of $480.
There are currently 34 properties listed for sale, and 4 properties listed for rent in Rainbow beach on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Rainbow beach.

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Dee White
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Cooloola Coast Realty - Rainbow Beach
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