How Much is My Home Worth in Rainbow Beach?
The latest property data released on October 1, 2018, has the median price of a house in Rainbow Beach at $489,000. The median price for a unit is $225,000. There have been 31 houses sold this year with 19 of them being 3 bedroom homes. There have been 19 unit sales with 13 being 3 bedrooms. It takes on average 140 days on the market to sell your home. Forty-eight per cent of residents own their home and 39 per cent are purchasing. The average 12-month capital growth for houses is 9.89%. And for units, it is -12.96% The annual capital growth is at 1.78% for houses and 0.66% for units. The Demand to Supply Ratio ranks houses as balanced and units as below average for investment. A below average rating says it is better to be a buyer. Vendors need to be flexible or sellers will ignore them. No much is driving the capital growth and this will remain flat compared to the national average.
House prices and weekly rent returns in Rainbow Beach.
Unit prices and weekly rent returns in Rainbow Beach.
Gross rental yield for houses is 3.40% and for units, it is 5.75%.
Free Real Estate Appraisal Rainbow Beach
Do you want to know the value of your house? Our sales agents conduct free property appraisals on land and houses in Rainbow Beach. We have sold and leased multiple properties in the area and can give you an accurate market price of your property. We base our findings on recent sales history, proximity to amenities, schools and shops.
Free Rental Appraisal Rainbow Beach
Are you moving and want to rent out your home and need a property manager? Or, do you own an investment property and wish to lease it? Our property management department manages a number of properties in Rainbow Beach and surrounding suburbs. We have a list of potential tenants looking to rent in the area. If there is a match to the landlord's requirements then this can save a lot of time and money. Each week your property is vacant will cost you 2% of your annual income return. We like to engage and build relationships with all our owners. We will conduct a free rental appraisal at your convenience.