5 Spectrum Avenue, Rainbow Beach, QLD 4581 sold on 06 February 2025 | OnTheHouse
SOLD
Sold on 06 Feb 2025 for $975,000

5 Spectrum Avenue
Rainbow Beach QLD 4581

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 90m2
Land area: 615m2
Save

Property Details for 5 Spectrum Ave, Rainbow Beach

5 Spectrum Ave, Rainbow Beach is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 615m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 0 bedroom Unit sold in Rainbow Beach in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
90m2
Land Size
615m2
Local Government
Gympie Regional
Lot/Plan
55/RB9691

Last Listing description (June 2021)

With only two properties between you and the beach, this tightly held piece of real estate is up for grabs now so do not delay. Fantastic location, less than 250 metres from the front door is the patrolled surf beach.

The property features two bedrooms, study, area, combined living/dining area, bathroom, laundry area and an outdoor, undercover entertainment space as well as a granny flat with a kitchenette etc. The yard is fenced on three sides and boasts a large, double shed. Backing onto the laneway behind the main street shops, you have very easy access to the shops, cafes, Clubs and Pubs etc.

Even a vacant block of this land in this precinct recently sold for $530,000 you can enjoy a passive income from this asset while you keep it in the land bank for later. The site has the potential for a duplex development, subject to council approval.

Properties like these do not come along very often so call today.

Property Code: 1293

Property History for 5 Spectrum Ave, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$975,000
06 Feb 2025
  • 06 Feb 2025
    Sold for $975,000
  • 27 Mar 2021
    Sold for $632,000
  • 10 Feb 2021
    Listed for Sale $650,000
Sign in to see more transactions
Commute Calculator

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 1,416 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 36 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.

Suburb Insights for Rainbow Beach 4581

Market Insights
Rainbow Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rainbow Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.