29-29A Green Valley DriveRainbow Beach QLD 4581
Property Details for 29-29a Green Valley Dr, Rainbow Beach
29-29a Green Valley Dr, Rainbow Beach is a 3 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 776m2 and floor size of 62m2.
Last Listing description (November 2020)
Excellent location within easy walking distance to the beach.
Large block which could be redeveloped (zoned multi unit) subject to council approval. The property is currently strata titled as a Two Lot Scheme : CTS Seahouses.
Development can be either standard duplex or two stand alone properties on the land.
Currently rented as two separate units - total current weekly rental income is $360. Separate water and electricity meters.
Property Code: 889
Property History for 29-29a Green Valley Dr, Rainbow Beach, QLD 4581
- 20 Nov 2020Listed for Sale $448,000
- 01 Aug 2018Listed for Sale Not Disclosed
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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 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 1,414 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 76.84% increase in median value, while Units have seen a 95.87% increase. As at 31 December 2025:
- The median value for Houses in Rainbow Beach is $875,385 while the median value for Units is $611,521.
- Houses have a median rent of $650 while Units have a median rent of $450.
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