2 Rainbow St, Sandgate is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 726m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Situated in the popular suburb of Sandgate, this quintessential Queenslander is overflowing with potential. This is an incredible opportunity for a savvy buyer to renovate, rent or redevelop. Perched on a large 726m2 block within true walking distance of the Sandgate hub, this home has great traditional features and is just waiting for the right buyer.
A characteristic veranda extends around two sides of the house and has been enclosed to create extra living space. The under-house area features extra storage and car parking. This property is one of the originals in Sandgate and is brimming with history.
The high ceilings, beautiful ornate cornices, ceiling roses, breezeways and stunning coloured glass windows will not fail to impress. The typical alignment of doors and windows allows uninterrupted air flow. A large kitchen with ample storage space leads into the dining and lounge area.
The size of Sandgate is approximately 3.2 square kilometres. It has 12 parks covering nearly 40.3% of total area. The population of Sandgate in 2016 was 4909 people. By 2021 the population was 4926 showing a population growth of 0.4% in the area during that time. The predominant age group in Sandgate is 50-59 years. Households in Sandgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandgate work in a professional occupation.In 2021, 63.60% of the homes in Sandgate were owner-occupied compared with 60.90% in 2016.
Sandgate has 2,336 properties. Over the last 5 years, Houses in Sandgate have seen a 81.76% increase in median value, while Units have seen a 125.94% increase. As at 31 March 2026:
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