78 Cooloola Dr, Rainbow Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 946m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in October 2006.
Rarely can a house on Cooloola Drive be secured in this price bracket. This location is Rainbow Beach's premier street address, providing you with fantastic ocean views of the Pacific Ocean, the beach stretching to Fraser Island and inland to Tin Can Inlet.
The home is split level with separate living, kitchen and sleeping areas. The downstairs living area opens onto the back deck that is nestled amongst the trees and looks out towards Tin Can Inlet. The house has timber paneling throughout and slate flooring in the kitchen area. Upstairs there is a wraparound balcony opening off two of the bedrooms that offers ocean and beach views towards Fraser Island and bush views towards Tin Can Bay.
This home represents the perfect opportunity to secure a premium location without the premium price. Offering plenty of options for renovation or redevelopment to make the most of this fantastic position. Currently tenanted, inspection is warranted.
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 1,420 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 76.52% increase in median value, while Units have seen a 78.95% increase. As at 31 March 2026:
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