Suburb Profile Report for Rainbow Beach QLD (4581)

Rainbow Beach House: Median price $575,000, Annual capital growth 3.70%, Number of sales 47, Weekly median advertised rent N/A

Rainbow Beach Unit: Median price $310,000, Annual capital growth 3.59%, Number of sales 83, Weekly median advertised rent $350

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Rainbow Beach, 4581 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 15.00%

The five-year average increase in median property values for Rainbow Beach,4581 has given property investors a potential capital gain of 40.24% across each of those five years.

The most recent median price for Rainbow Beach is $575000, with sellers offering an average of -4.22% off the asking price.

With a capital gain of 31.91% for the last 12 months, Rainbow Beach, 4581 has performed for property investments than its average annual 3.59% property growth over the last 5 years.

Over the longer term, Rainbow Beach has seen property prices show investors a 39.33% return over the last 3 years. This is worse than over the last 12 months

Rainbow Beach4581 is located in QLD which offers an average discount of -4.64% to property investors. Rainbow Beach itself is showing figures that indicate -3.89% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$575,000 $310,000
7.68% 0.32%
15.00% 31.91%
3.70% 3.59%
N/A $350
47 83
N/A 5.87%
64.59375 61.5588235294118

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (U), Balanced (H)
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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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