48 Double Island Drive, Rainbow Beach, QLD 4581 sold on 14 September 2026 | OnTheHouse
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Sold on 14 Sep 2026 for $740,000

48 Double Island Drive
Rainbow Beach QLD 4581

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 670m2
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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. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom House sold in Rainbow Beach in the last 12 months.

Building Type
House
Land Size
670m2

Last Listing description (September 2026)

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.

Easy access to all that Rainbow Beach has to offer. Arrange your inspection today. We are required to provide 48 hours written notice to inspect.

Property Code: 1945

Property History for 48 Double Island Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$740,000
14 Sep 2026
Listed for Rent
$320/w
17 Nov 2017
  • 14 Sep 2026
    Sold for $740,000
  • 11 Aug 2026
    Listed for Sale $799,000
  • 11 Apr 2026
    Listed for Sale $799,000
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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 1,424 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 56.27% increase in median value, while Units have seen a 63.30% increase. As at 31 August 2026:

  • The median value for Houses in Rainbow Beach is $929,174 while the median value for Units is $657,881.
  • Houses have a median rent of $610 while Units have a median rent of $500.
There are currently 45 properties listed for sale, and 7 properties listed for rent in Rainbow beach on OnTheHouse. According to Cotality's data, 66 properties were sold in the past 12 months in Rainbow beach.

Suburb Insights for Rainbow Beach 4581

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Contact agent
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Dee White
Show contact details
Cooloola Coast Realty - Rainbow Beach
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Cotality Copyright and Legal Disclaimers about Property Data
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.