TOTAL Research - Discover Rainbow Bay

Discover Rainbow Bay ... the Gold Coast's best kept secret
TOTAL Research | January 2008

Rainbow Bay sits on a picturesque peninsular at the mouth of the Tweed River. The unique headland setting is enveloped by an abundance of beaches and waterways. A recreational haven, Rainbow Bay offers uncrowded sheltered swimming areas, world-famous surf beaches and abundent choices for fishing, boating and whale watching. A selection of eight golf courses is within a short drive.

Formally part of the border suburb of Coolangatta, Rainbow Bay is a highly sought after, exclusive lifestyle address. Due to the limited ownership opportunities in this headland enclave (restricted to only six short streets), it also presents fantastic capital growth potential:

Over the past five years, the average apartment sale price has increased by an average of 15% per annum.
The average apartment price at this boutique address is almost double that being achieved for apartments on the Gold Coast as a whole, and it represents a premium of approximately 50% over the average apartment price for the suburb of Coolangatta.
The sale of a house in Eden Avenue reflected 21% pa capital growth in 6.5 years
A property in Eden Avenue which was sold in 2007 for $2.55M reflected a 34% pa increase since it last sold in 2003.

Property price growth is underpinned by infrastructure, and this signature southern beachside destination is situated in a prime location to enjoy the major benefits of the completion of the Tugun Bypass in mid 2008, which will relieve local traffic congestion and reduce travel times to both Brisbane and northern NSW.

Essential services are well catered for including public and private hospitals, schools and a range of transport options. The Gold Coast Airport is only minutes away, providing daily interstate and international flights. Planning is well progressed for the extension of the Brisbane to Gold Coast railway line to Coolangatta. The completion of the Rapid Transit Corridor to Coolangatta, combined with the upgraded facilities and increased capacity of the Gold Coast Airport will expand this catchment’s accessibility and growth potential.

Snapper Rocks, Duranbah, Flagstaff, Greenmount, Coolangatta and Kirra Beaches give you an unbelieveable choice of patrolled beaches all close by.

Not only are you footsteps to the beach, a pleasant stroll in the opposite direction is the Jack Evans Boat Harbour and parklands, the entrance of the Tweed River, and the scenic Terranora Broadwater, the home of river cruises, secret fishing spots, and beautiful walks.

Right on the beach is the Rainbow Bay Surf Life Saving Club, featuring the Ocean Deck restaurant, where you can enjoy spectacular vistas north along the coastline to Surfers Paradise.

Sophisticated cafes, restaurants and great shopping including trendy boutiques, surfshops, health, beauty and fitness are all close by at Coolangatta and Tweed Heads. Major shopping centres nearby include Tweed Centro, Coolangatta’s Showcase Shopping Centre, and Tweed City, which is currently being extended. Weekend markets are held on the second Sunday of every month on the beach at Coolangatta.

Those seeking entertainment are spoilt for choice at this popular holiday destination, with nearby attractions including Twin Towns Services Club, Tweed Heads Bowls Club, Club Banora, Seagulls and a number of surf clubs, local taverns and hotels.

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Disclaimer: Sale prices, average prices and growth rates quoted above are based on TOTAL Project Marketing’s analysis of RP Data sales for the Rainbow Bay catchment (part of Coolangatta). This does not constitute financial advice. Purchasers should undertake their own independent investigations to ensure the product for sale is suited to their own circumstances.

		Discover Rainbow Bay ... the Gold Coast's best kept secret TOTAL Research \| January 2008 Rainbow Bay sits on a picturesque peninsular at the mouth of the Tweed River. The unique headland setting is enveloped by an abundance of beaches and waterways. A recreational haven, Rainbow Bay offers uncrowded sheltered swimming areas, world-famous surf beaches and abundent choices for fishing, boating and whale watching. A selection of eight golf courses is within a short drive. Formally part of the border suburb of Coolangatta, Rainbow Bay is a highly sought after, exclusive lifestyle address. Due to the limited ownership opportunities in this headland enclave (restricted to only six short streets), it also presents fantastic capital growth potential: Over the past five years, the average apartment sale price has increased by an average of 15% per annum. The average apartment price at this boutique address is almost double that being achieved for apartments on the Gold Coast as a whole, and it represents a premium of approximately 50% over the average apartment price for the suburb of Coolangatta. The sale of a house in Eden Avenue reflected 21% pa capital growth in 6.5 years A property in Eden Avenue which was sold in 2007 for $2.55M reflected a 34% pa increase since it last sold in 2003. Property price growth is underpinned by infrastructure, and this signature southern beachside destination is situated in a prime location to enjoy the major benefits of the completion of the Tugun Bypass in mid 2008, which will relieve local traffic congestion and reduce travel times to both Brisbane and northern NSW. Essential services are well catered for including public and private hospitals, schools and a range of transport options. The Gold Coast Airport is only minutes away, providing daily interstate and international flights. Planning is well progressed for the extension of the Brisbane to Gold Coast railway line to Coolangatta. The completion of the Rapid Transit Corridor to Coolangatta, combined with the upgraded facilities and increased capacity of the Gold Coast Airport will expand this catchment’s accessibility and growth potential. Snapper Rocks, Duranbah, Flagstaff, Greenmount, Coolangatta and Kirra Beaches give you an unbelieveable choice of patrolled beaches all close by. Not only are you footsteps to the beach, a pleasant stroll in the opposite direction is the Jack Evans Boat Harbour and parklands, the entrance of the Tweed River, and the scenic Terranora Broadwater, the home of river cruises, secret fishing spots, and beautiful walks. Right on the beach is the Rainbow Bay Surf Life Saving Club, featuring the Ocean Deck restaurant, where you can enjoy spectacular vistas north along the coastline to Surfers Paradise. Sophisticated cafes, restaurants and great shopping including trendy boutiques, surfshops, health, beauty and fitness are all close by at Coolangatta and Tweed Heads. Major shopping centres nearby include Tweed Centro, Coolangatta’s Showcase Shopping Centre, and Tweed City, which is currently being extended. Weekend markets are held on the second Sunday of every month on the beach at Coolangatta. Those seeking entertainment are spoilt for choice at this popular holiday destination, with nearby attractions including Twin Towns Services Club, Tweed Heads Bowls Club, Club Banora, Seagulls and a number of surf clubs, local taverns and hotels. << Back to TOTAL Research Disclaimer: Sale prices, average prices and growth rates quoted above are based on TOTAL Project Marketing’s analysis of RP Data sales for the Rainbow Bay catchment (part of Coolangatta). This does not constitute financial advice. Purchasers should undertake their own independent investigations to ensure the product for sale is suited to their own circumstances.
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