2 Rainbow StreetSandgate QLD 4017
Property Details for 2 Rainbow St, Sandgate
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.
Last Listing description (January 2020)
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.
A large freestanding structure at the rear of the house could be an extension of the current living areas or as AirBNB or perfect for an Art Gallery. When relocated on the lot it was designated as a habitable area and future use should only be restricted by the buyers imagination.
The modern swimming pool is enhanced by a Bali hut for shelter and entertaining.
Situated just a short distance from local shops, cafes, restaurants, parklands, well-regarded schools and with a 30 minute train trip to the CBD, this home is in the best spot to be your dream home.
This home must be sold and the owners are very keen to move on so will consider all offers prior to auction.
Check out the internet for Open Home times or call Catherine to arrange a private inspection.
Property History for 2 Rainbow St, Sandgate, QLD 4017
- 28 Nov 2019Sold for $660,000
- 12 Sep 2019Listed for Sale $679,000
- 01 Nov 2003Sold for $278,000
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About Sandgate 4017
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 2011 was 4,625 people. By 2016 the population was 4,893 showing a population growth of 5.8% in the area during that time. The predominant age group in Sandgate is 40-49 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 2011, 59.4% of the homes in Sandgate were owner-occupied compared with 60.9% in 2016.
Sandgate has 2,330 properties. Over the last 5 years, Houses in Sandgate have seen a 93.29% increase in median value, while Units have seen a 109.34% increase. As at 31 October 2024:
- The median value for Houses in Sandgate is $1,274,990 while the median value for Units is $818,314.
- Houses have a median rent of $650 while Units have a median rent of $450.
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