59 Cooloola Dr, Rainbow Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 627m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
There is no better feeling than sitting on your own balcony, overlooking the wide blue waters off Rainbow Beach and enjoying life. Presented for sale is a home that makes this all come true. This three storey pole house is built on Cooloola Drive, Rainbow Beachs' premier street address and offers fantastic views of the Pacific Ocean. This home features 3 bedrooms and 2 bathrooms on the 1st floor and a fully open plan kitchen/living/dining area of the top floor. Built to take advantage of the views, breezes and position this property is open and easily livable. The property is being sold fully furnished so you can move in immediately and enjoy. Suitable as a home, weekend getaway or holiday investment property this property presents a golden opportunity to secure a premium property without the premium price. A reluctant sale by the owners this property is priced to sell immediately. Call today to arrange your inspection.
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 1,418 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 78.09% increase in median value, while Units have seen a 90.21% increase. As at 31 January 2026:
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