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159 Rainbow Street, Sandgate QLD 4017

159 Rainbow Street, Sandgate QLD 4017

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159 Rainbow Street, Sandgate, QLD 4017

3

1

1

339m²

108m²

•

house - house

Map of 159 Rainbow Street, Sandgate QLD 4017, Sandgate, Queensland

Property Description

Listed on 14 July 2026

Positioned on a prominent corner block with excellent street exposure, 159 Rainbow Street presents a rare opportunity for buyers seeking flexibility, character, and future potential. With Mixed Use zoning (STCA), this classic Queenslander offers the unique ability to combine residential living with commercial possibilities. Whether you're an entrepreneur looking to run a home-based business, an investor seeking a versatile asset, or a buyer ready to transform a character home into your forever residence, this property provides the perfect foundation. The existing Queenslander is brimming with charm and opportunity. With the right vision, the home could be lifted and renovated to create additional space underneath while preserving the character and charm that makes these homes so desirable. The generous corner position provides outstanding accessibility and visibility, making it ideal for a variety of business uses. Imagine operating a boutique garden café, wellness studio, massage practice, consulting rooms, or creative workspace from home while enjoying the lifestyle benefits of living in one of the area's most vibrant locations. For first home buyers and renovators, this is a chance to breathe new life into a classic home and create something truly special. With thoughtful renovation, this Queenslander could be transformed into a stunning forever home that blends timeless character with modern living. Property Highlights: • Mixed Use zoning allowing residential and commercial opportunities (STCA) • Prominent corner block offering excellent visibility and access • Classic Queenslander full of character and renovation potential • Opportunity to lift and extend the home to maximise space • Ideal for home businesses such as cafés, wellness studios, consulting rooms and more • Short walk to the waterfront, shops, public transport and the Full Moon Hotel • Excellent opportunity for first home buyers, renovators, or investors Properties with this level of flexibility are increasingly rare. Whether you're looking to live, work, invest, or create something unique, 159 Rainbow Street offers the canvas to make it happen. Buyers should conduct their own due diligence with the relevant council authorities regarding zoning and permitted uses.

Estimated value

Based on comparable sales, past sales and available property data

Property valuation, estimate, range and confidence score

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Listed for sale
Mar 2026

For Sale

Rental
Feb 2018

$350 PW

Rental
May 2016

$350 WEEKLY

Sold
Jun 2006

$275,000

Sold
Dec 2002

$205,000

Sold
Jun 1998

$108,000

Median house price trends

Comparing the price trend of houses in Sandgate against the state of Queensland over the last 4 years. Source: Cotality

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

27 Days

House median days on market

N/A

Unit median days on market

87 Properties

Sold in last 12 months

16 Properties

Available in the last month

Sandgate residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Mortgaged Owners

Most common occupant type

Singles

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Sacred Heart Primary School

K - Yr 6

Catholic

Sandgate State School

K - Yr 6

Government

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Sandgate

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Brisbane

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Queensland

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Explore surrounding suburbs

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Median House: $1,213,842

Median Unit: $920,083

Median House: $1,175,510

Median Unit: $891,696

Median House: $1,305,163

Median Unit: $892,716

Median House: $1,133,725

Median Unit: $602,108

Median House: $1,656,066

Median Unit: $816,547

Frequently asked questions

The property at 159 Rainbow Street includes 3 bedrooms, 1 bathroom and parking for 1 car.

159 Rainbow Street in Sandgate has a land size of approximately 339 square metres and an internal floor area of around 108 square metres.

159 Rainbow Street in Sandgate, Queensland includes a range of local schools, shops, public transport options and community facilities that support day to day living.

As of 3/1/2026, the property at 159 Rainbow Street is not available in our data at this time.

Contact the agent

Ray White - Sandgate

Jarred Campbell

Ray White - Sandgate

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