13 Ninth AvenueRailway Estate QLD 4810
Property Details for 13 Ninth Ave, Railway Estate
13 Ninth Ave, Railway Estate is a 5 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 810m2 and floor size of 92m2.
Last Listing description (October 2024)
13 Ninth Avenue Railway Estate is probably one of the very best opportunities on offer in Townsville we have seen in a long time.
The property has been held by the family for 4 generations with thoughts in recent years of taking advantage of the 2 titles. The current owner has moved a dilapidated cottage on site and placed on steel stumps. The original cottage was originally moved from Charters Towers many years ago and was a family home until about 5 years ago. This original cottage is sitting about 500mm over the boundary and is in need of new stumps and moving sideways. A written quote has been obtained to move, raise and restump this lovely old cottage.
Once moved the property will be two clear titles with options to then sell each as is or renovate the original and rebuild the second cottage and sell. Townsville's property market continues to grow with no signs of slowing, the potential of purchasing two properties for the price of one and taking advantage of current market conditions are enticing and compelling.
Don't let this amazing opportunity pass you by!
Property History for 13 Ninth Ave, Railway Estate, QLD 4810
- 09 Jun 2024Listed for Sale Offers To Purchase
- 16 Nov 2012Listed for Sale Not Disclosed
- 15 Dec 2007Listed for Sale Not Disclosed
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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 72.75% increase in median value, while Units have seen a 20.43% increase. As at 31 August 2024:
- The median value for Houses in Railway Estate is $494,189 while the median value for Units is $342,914.
- Houses have a median rent of $480 while Units have a median rent of $363.
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