159 Rainbow Street, Sandgate QLD 4017
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For Sale
159 Rainbow Street, Sandgate, QLD 4017
3
1
1
339m²
108m²
•
house - house
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.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
For Sale
$350 PW
$350 WEEKLY
$275,000
$205,000
$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
See what similar properties in the area are selling and listed for.
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
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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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.












