OFF MARKET

242 Rainbow Street
Sandgate QLD 4017

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 476m2
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Property Details for 242 Rainbow St, Sandgate

242 Rainbow St, Sandgate is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 476m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in May 2013.

Building Type
House
Year Built
1930
Floor Size
101m2
Land Size
476m2
Local Government
Brisbane
Lot/Plan
4/RP4485

Last Listing description (May 2013)

Hidden Oasis
This Beautiful Original Queenslander is set back amongst a private block with a well maintained garden.
The hidden treasure is the fully fenced rear backyard with a myriad of tropical and native vegetation, with plenty of space to entertain and/or for a young family to play in.

This Queenslander has been beautifully maintained with polished floorboards throughout and all the original features and charm you would expect from a property of this quality.
With 3 bedrooms (one with built-ins), full central bathroom with bath, lounge and rear deck, with plenty of room to expand below.
This property lies on the border of Shorncliffe and Sandgate and only 200 metres to the water and Shorncliffe Jetty.
It is also within walking distance to both Sandgate and Shorncliffe Railway stations that takes you right into Brisbane CBD.
This property wont last long.
Inspect this Saturday from 12-12.30pm

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Property History for 242 Rainbow St, Sandgate, QLD 4017

A timeline of how this property has performed in the market
Last Sold
$560,000
06 May 2013
Listed for Rent
$400/w
19 Mar 2011
  • 06 May 2013
    Sold for $560,000
  • 01 May 2013
    Listed for Sale $565K
  • 15 Mar 2011
    Listed for Rent - Price not available
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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.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Sandgate on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Sandgate.

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