FOR SALE
Expressions of Interest

8 Second Avenue
Railway Estate QLD 4810

Bedrooms: 10
Bathrooms: 4
Car spaces: 4
Land area: 1098m2
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CITY FRINGE - Investment Super Start (No Body Corporate)

Investment Highlights
Strong Rental Demand: The property's prime location and modern features attract high-quality tenants, ensuring consistent rental income.
Self-Contained Units: Each unit offers private amenities, including garages, enhancing tenant appeal and satisfaction.
Modern Duplex to rear: Built 2022, minimal to no maintenance.
Recent Renovations: Unit 4 has been fully renovated, minimizing immediate maintenance costs and maximizing rental potential.
Brand New Build: Unit 3 was a like new build in 2022
GATED complex via remote access
Discover a remarkable investment opportunity in a prime city fringe location, boasting an annual income exceeding $118,000!
PRIVATE VIEWINGS AVAILABLE by request. Call Jess Whaites on 0423398849
Video walk throughs also available upon request.
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Property Details for 8 Second Ave, Railway Estate

8 Second Ave, Railway Estate is a 10 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1098m2. The place is currently for sale with Whaites + Co.

Building Type
BlockOfUnits
Land Size
1098m2

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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 1,766 properties. Over the last 5 years, Houses in Railway Estate have seen a 71.55% increase in median value, while Units have seen a 84.53% increase. As at 31 October 2024:

  • The median value for Houses in Railway Estate is $506,615 while the median value for Units is $353,755.
  • Houses have a median rent of $480 while Units have a median rent of $410.
There are currently 20 properties listed for sale, and 9 properties listed for rent in Railway estate on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Railway estate.

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Jess Whaites
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Whaites + Co
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