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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 $490,000 and this has changed 18.93% over the past year and changed 24.36% over 2 years.

The median rent in Railway Estate for houses is $500 per week and the median rental yield is 5.30%. Stock on the market for houses/townhouses has changed 62.50% compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 63 days to sell and the median rent for a unit in Railway Estate is $375 per week, producing a rental yield of NA.

Supply & Demand in Railway Estate, Townsville

1.04%

Current vacancy rate


16

Rental stock available


2,853

Population


32.36%

Rental population


0.96%

Current vacancy rate


851

Rental stock available


186,757

Population


32.61%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Railway Estate, Townsville

  House Townhouses Units
Median listing price $490,000 NA NA
Median price change - last quarter 1.56% NA NA
Median price change - 1 year 18.93% NA NA
Median price change - 2 years 24.36% NA NA
  House Townhouses Units
Median weekly rent $500 $405 $375
Median yield % 5.30% NA NA
Median rent change - 1 year 6.38% 10.95% 8.69%
  House Units
Previous month sales 4 0
Stock on market previous month 13 7
Stock variance vs. last year 62.50% 133.33%
Average days on market 71 63

Railway Estate investment property listings

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