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RECENT ADVICE
Sold on 02 Oct 2024 for $380,000

13A/13B Ninth Avenue
Railway Estate QLD 4810

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 810m2
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Property Details for 13a/13b Ninth Ave, Railway Estate

13a/13b Ninth Ave, Railway Estate is a 5 bedroom, 2 bathroom House. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Railway Estate in the last 12 months.

Building Type
House
Land Size
810m2
Local Government
Townsville City

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. Townsvilles 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.

Dont let this amazing opportunity pass you by!

Property History for 13a/13b Ninth Ave, Railway Estate, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$380,000
02 Oct 2024
  • 02 Oct 2024
    Sold for $380,000
  • 06 Aug 2024
    Listed for Sale Offers To Purchase

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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 1,768 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 21 properties listed for sale, and 9 properties listed for rent in Railway estate on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Railway estate.

Suburb Insights for Railway Estate 4810

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North Ward Realty
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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.