5/3-5 Ocean View Parade, Rainbow Beach, QLD 4581 | Property Value & History | OnTheHouse
 
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5/3-5 Ocean View Parade
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 142m2
Land area: 188m2
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Last updated 15 Dec 2025
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Property Details for 5/3-5 Ocean View Pde, Rainbow Beach

5/3-5 Ocean View Pde, Rainbow Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 188m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2007
Floor Size
142m2
Land Size
188m2
Local Government
Gympie Regional
Lot/Plan
5/SP208111

Last Listing description (November 2020)

An amazing opportunity to secure one of these luxurious 3 bedroom apartments located in the very popular Rainbow Sea Resort at a bargain price. A position beyond compare overlooking the township with sweeping ocean views that capture Fraser Island and the Sandy Straits.

The extra large main bedroom with north facing views offers a king size bed, walk in robe, ensuite with spa bath.


The open living, dining and kitchen area offer the year-round enjoyment of looking out at the ocean blue with enough space for entertaining or just enjoying by yourselves.

This apartment has never been rented and is looking as good today as the day it was built.

Rainbow Sea Resort has wet edge heated pool, under cover secure parking with extra storage and onsite management. Suitable to live in, a holiday escape or as an investment property.

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Property History for 5/3-5 Ocean View Pde, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$650,000
20 Oct 2020
  • 20 Oct 2020
    Sold for $650,000
  • 29 Jul 2017
    Listed for Sale Offers over $700,000
  • 09 Oct 2015
    Listed for Sale $695,000
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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 1,417 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 85.73% increase in median value, while Units have seen a 106.17% increase. As at 30 November 2025:

  • The median value for Houses in Rainbow Beach is $870,460 while the median value for Units is $591,374.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 41 properties listed for sale, and 5 properties listed for rent in Rainbow beach on OnTheHouse. According to Cotality's data, 74 properties were sold in the past 12 months in Rainbow beach.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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