Suburb Profile Report for Rainbow Beach QLD (4581)

Rainbow Beach House: Median price $430,000, Annual capital growth -1.12%, Number of sales 33, Weekly median advertised rent $310

Rainbow Beach Unit: Median price $225,000, Annual capital growth 1.42%, Number of sales 17, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.38% which means that Rainbow Beach, 4581 has done well for property investors by showing a capital gain of 4.88% over the last year

Taking the average capital gain, or increase in median house value, Rainbow Beach,4581 has racked up an average of 4.88% over the period. This ranks it number 3289th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Rainbow Beach is giving property investors an average Vendor Discount of around -7.07%. This puts suburb at number 347th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Rainbow Beach the average time real estate has been on the market is 145.63 days.

Rainbow Beach is 633th on a list of best yielding suburbs for rents in QLD with a 3.75% return

Rainbow Beach is in the bottom 20% in QLD when comparing median price capital growth over the last year. Rainbow Beach gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.54%.

Rainbow Beach is 93th on a list of best yielding suburbs for rents in QLD with a 6.01% return

Metrics i HOUSE UNIT
$430,000 $225,000
0.58% 2.86%
4.88% -10.54%
-1.12% 1.42%
$310 $260
33 17
3.75% 6.01%
145.63 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (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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