Realestate.com: 5 Reasons to call Rainbow Bay Home
A favourite among holiday makers and surfers, Rainbow Bay is the perfect vacation spot. However, this laidback Gold Coast haven is fast becoming a premium place to call home.
Nestled at the southern end of Coolangatta, Rainbow Bay boasts pristine beaches and enviable surf breaks.
Yet the area has largely avoided massive crowds and large-scale development in recent years, helping preserve its reputation as an idyllic summery coastal destination.
“It’s right on the coast and it’s a popular surfing spot, but it’s still very relaxed,” says Cameron Kusher, executive manager of economic research at REA Group.
“But it’s very tightly held. It’s the kind of spot that people buy a property in and hold on to for a long period of time.”
Although homebuyers face stiff competition to get in, the rarity of the real estate isn’t impacting Rainbow Bay’s popularity with buyers.
If you’re looking for your own slice of paradise, here are five reasons Rainbow Bay is worth checking out.
1. North facing
A north-facing aspect is often considered the holy grail of real estate, says award-winning Brisbane architect and developer Joe Adsett. With Rainbow Bay pointing due north, it has the benefit of all-day sun.
“In architecture we’re always chasing north in our designs and the way in which we orientate our living spaces,” Adsett says.
“The way you see the water facing north, you get this light that sparkles and dances off of the water all day, so the general ambience of the spaces is much improved.”
2. The coastal village vibe
Tucked away on the headland, Rainbow Bay has managed to maintain the small-town coastal vibes that once defined the whole region.
“(Rainbow Bay) is not as busy as the northern end of the Gold Coast, such as Surfers Paradise and Broadbeach,” says Kusher.
“It’s a bit more like what those areas were like 20 or 30 years ago.”
The laidback atmosphere and gorgeous natural beauty of the area is what attracted the attention of Adsett.
“It’s a relaxed coastal lifestyle, which makes it ideal for anyone who wants to escape their busy life,” he says.
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