Suburb Profile Report for Rainbow Beach QLD (4581)

Rainbow Beach House: Median price $457,500, Annual capital growth -0.02%, Number of sales 36, Weekly median advertised rent $320

Rainbow Beach Unit: Median price $255,000, Annual capital growth -0.53%, Number of sales 26, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1073th in the list of Australian suburbs ordered by increase in median house value over the last year, Rainbow Beach, 4581 is in the top 30% with a property value increase of 12.96% recorded in median house prices.

If we look at median property appreciation over just the last three months, Rainbow Beach has given property investors a paper return of 5.41%. This puts Suburb as 89 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Rainbow Beach is $457500, with sellers offering an average of -6.20% off the asking price.

Rainbow Beach, 4581’s gross rental yield is 3.64%

Over the last year, property investments in Rainbow Beach, 4581 have given investors a capital gain of 28.14%. This compares very favourably with the 0.15% for QLD as a whole.

At number 19th of QLD’s most discounted properties, Rainbow Beach is in the bottom 10% of the state/territory when listing in order of most discounted to least.

In the last year 26 properties changed hands in Rainbow Beach, which puts it as the 277th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$457,500 $255,000
5.41% 6.25%
12.96% 28.14%
-0.02% -0.53%
$320 $280
36 26
3.64% 5.71%
125.91 100.1

Source: CoreLogic

DSR Score for property investment : Below average (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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