FOR SALE
$6,000,000

111 Railway Avenue
Railway Estate QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3ha
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Waterfront Residential Development Opportunity

This site is located approximately 2 kilometres from Queensland Country Bank Stadium, and
the V8 Supercar street circuit at the southern gateway to Townsville's CBD and tourist precinct.
Featuring a unique waterfront position on Ross River with a 200 metre frontage (approximately),
this site has previously been approved for over 100 apartments.
https://maps.app.goo.gl/KYk1ccKjrLWNXW5V7
Contact marketing agents RWC Townsville on 4726 7888

Property Details for 111 Railway Ave, Railway Estate

Building Type
Commercial
Land Size
3ha

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About Railway Estate 4810

The size of Railway Estate is approximately 4 square kilometres. It has 9 parks covering nearly 14.3% of total area. The population of Railway Estate in 2011 was 2,956 people. By 2016 the population was 2,846 showing a population decline of 3.7% in the area during that time. The predominant age group in Railway Estate is 20-29 years. Households in Railway Estate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Railway Estate work in a professional occupation. In 2011, 54.5% of the homes in Railway Estate were owner-occupied compared with 55% in 2016.

Railway Estate has 1,777 properties. Over the last 5 years, Houses in Railway Estate have seen a 76.19% increase in median value, while Units have seen a 102.85% increase. As at 30 November 2024:

  • The median value for Houses in Railway Estate is $519,660 while the median value for Units is $372,882.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 18 properties listed for sale, and 16 properties listed for rent in Railway estate on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Railway estate.

Suburb Insights for Railway Estate 4810

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Graeme Russell
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Taz Townsend
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Ray White Commercial Townsville
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.