5/3-5 Ocean View ParadeRainbow Beach QLD 4581
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.
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.
Property History for 5/3-5 Ocean View Pde, Rainbow Beach, QLD 4581
- 20 Oct 2020Sold for $650,000
- 29 Jul 2017Listed for Sale Offers over $700,000
- 09 Oct 2015Listed 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 1,423 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 81.74% increase in median value, while Units have seen a 82.06% increase. As at 28 February 2026:
- The median value for Houses in Rainbow Beach is $924,165 while the median value for Units is $603,654.
- Houses have a median rent of $630 while Units have a median rent of $465.
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