7 Double Island Drive, Rainbow Beach, QLD 4581 | Property Value & History | OnTheHouse
 
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7 Double Island Drive
Rainbow Beach QLD 4581

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 171m2
Land area: 657m2
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Last updated 5 Jan 2026
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Property Details for 7 Double Island Dr, Rainbow Beach

7 Double Island Dr, Rainbow Beach is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1997. The property has a land size of 657m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
House
Year Built
1997
Floor Size
171m2
Land Size
657m2
Local Government
Gympie Regional
Lot/Plan
19/RB96912

Last Listing description (September 2014)

ATTENTION WANTED!!!
This grand 2 storey home is crying out for some love and attention. Built on a corner block centrally located with sturdy block construction. This property has endless possibilities for improvement. Features 4 nicely sized bedrooms 3 with their own balcony access, 2 bathrooms, large open living, kitchen and dining downstairs. Upstairs there is also a massive entertaining/sleep-out for all those extra guests.
This was one of the most popular holiday homes in Rainbow in its heyday as it has ample outdoor entertaining for those large get togethers.

This property is looking for a new owner to breathe it new life and is to be sold as is.

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Property History for 7 Double Island Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$342,325
19 Sep 2014
  • 19 Sep 2014
    Sold for $342,325
  • 14 Jul 2012
    Listed for Sale 415000
  • 22 Aug 1997
    Sold for $175,000
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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 1,415 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 76.84% increase in median value, while Units have seen a 95.87% increase. As at 31 December 2025:

  • The median value for Houses in Rainbow Beach is $875,385 while the median value for Units is $611,521.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 35 properties listed for sale, and 7 properties listed for rent in Rainbow beach on OnTheHouse. According to Cotality's data, 72 properties were sold in the past 12 months in Rainbow beach.

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© Copyright 2026. 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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