Suburb Profile Report for Rainbow Beach QLD (4581)

Rainbow Beach House: Median price $445,000, Annual capital growth -0.99%, Number of sales 27, Weekly median advertised rent $320

Rainbow Beach Unit: Median price $255,000, Annual capital growth 1.30%, Number of sales 24, Weekly median advertised rent $260

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Rainbow Beach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.59%

A $320 per week rent on the median house gives suburb investors a gross yield of circa 3.74%, without taking into account capital value appreciation, which has been averaging out at -0.99%.

Rainbow Beach, 4581 ranked 12th in QLD when comparing growth in median property values or capital gain over the last 12 months. Rainbow Beach is one of 2415 in our list for QLD

Property buyers and investors in Rainbow Beach 4581 should be seeing an average reduction in asking price of around -9.28% . This means that Rainbow Beach is holding prices well when compared to other suburbs in QLD.

At number 1017 in a list of fastest selling suburbs, Rainbow Beach is in the bottom 40% of suburbs in Australia with an average of days on market 93.09 for properties listed there.

A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.30%, without taking into account capital value appreciation, which has been averaging out at 1.30%.

Metrics i HOUSE UNIT
$445,000 $255,000
1.54% 13.33%
6.59% 24.39%
-0.99% 1.30%
$320 $260
27 24
3.74% 5.30%
N/A 93.09

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1103
Median household income ($/weekly) 737
Median age of persons 48
Median housing loan repayment ($/monthly) 1608
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 122 11.1
    35-44 years 134 12.1
    45-54 years 166 15.0
    55-64 years 230 20.9
    65-74 years 170 15.4
    Others 281 25.5
    Age Group
    Census Count Percent(%)
    Registered Married 403 52.7
    Not Married 281 36.8
    Defacto Relationship 80 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 881 85.4
    Papua New Guinea 27 2.6
    South Africa 11 1.1
    United Kingdom 45 4.4
    Other 26 2.5
    Others 42 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 720 73.5
    No Religion 244 24.9
    Buddhism 11 1.1
    Other Religious Groups 4 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 41 10.2
    $400-$599 74 18.4
    $600-$799 59 14.7
    $800-$999 56 13.9
    $1,500-$1,999 31 7.7
    Others 141 35.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 394 45.1
    Employed, worked full-time 227 26.0
    Employed, worked part-time 169 19.4
    Unemployed, looking for work 45 5.2
    Employed, away from work 38 4.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 86 19.7
    Professionals 48 11.0
    Technicians & trades workers 55 12.6
    Community & personal service workers 63 14.4
    Labourers 61 14.0
    Others 124 28.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 79 48.8
    Secondary 48 29.6
    Technical or Further Educational Institution 15 9.3
    University or other Tertiary Institutions 7 4.3
    Other type of educational institution 7 4.3
    Others 6 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 682 71.3
    Semi-detached, row or terrace house, townhouse 88 9.2
    Flat, unit or apartment 95 9.9
    Caravan, cabin, houseboat 68 7.1
    House or flat attached to a shop, office 20 2.1
    Others 3 0.3
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 179 40.8
    Rented 174 39.6
    Being purchased 80 18.2
    Other tenure type 6 1.4
    Tenure Type
Census 2011, ABS
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