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Investment Property Railway Estate, QLD, 4810

Suburb Snapshot

Railway Estate is a suburb in the Townsville Region of Queensland. Railway Estate has a population of 2,853 people and 32.36% of its occupants live in rental accommodation. The median listing price for houses is $402,500 and this has changed 1.13% over the past year and changed 8.05% over 2 years.

The median rent in Railway Estate for houses is $450 per week and the median rental yield is 5.81%. Stock on the market for houses/townhouses has changed -48.15% compared to last year and the average time to sell a house/townhouse is 99 days.The median listing price for units is $245,000 and this has changed 8.88% over the past year. The average unit takes 218 days to sell and the median rent for a unit in Railway Estate is $340 per week, producing a rental yield of 7.21%.

Supply & Demand in Railway Estate, Townsville

0.72%

Current vacancy rate


11

Rental stock available


2,853

Population


32.36%

Rental population


0.97%

Current vacancy rate


847

Rental stock available


186,757

Population


32.61%

Rental population


0.97%

Current vacancy rate


22,682

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Railway Estate, Townsville

  House Townhouses Units
Median listing price $402,500 NA $245,000
Median price change - last quarter 1.25% NA 0.20%
Median price change - 1 year 1.13% NA 8.88%
Median price change - 2 years 8.05% NA 27.60%
  House Townhouses Units
Median weekly rent $450 $365 $340
Median yield % 5.81% NA 7.21%
Median rent change - 1 year 7.14% 12.30% 9.67%
  House Units
Previous month sales 2 0
Stock on market previous month 14 4
Stock variance vs. last year -48.15% -33.33%
Average days on market 99 218

Railway Estate investment property listings

Showing 2 of 2 investment properties found in Railway Estate on realestateinvestar.com.au

25A Eleventh Ave, Railway Estate

$460,000

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Modern Inner City 4 Bedroom Home

Located on our city fringe, this 4-bedroom home on a low-maintenance 405 m2 allotment offers investors a modern low-maintenance home with good yields in an ideal location. Currently tenanted at $520 per week until 19 August 2024. THE PROPERTY - 4 carpeted bedrooms all with wardrobes - Main bedroom ...

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House

QLD 4810


3 Ninth Ave, Railway Estate

$0

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Looking for Your White Picket Fence?

Welcome to 3 Ninth Avenue, Railway Estate, a beautifully restored Queenslander that offers a modern and vibrant living experience. This property has undergone a professional rebuild, leaving no stone unturned. From the fresh and modern fittings and fixtures to the freshly turfed yard, every detail ...

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3

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House

QLD 4810


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