2/35 First StreetRailway Estate QLD 4810
Property Details for 2/35 First St, Railway Estate
2/35 First St, Railway Estate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 102m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
Introducing an exciting investment / 1st home buyer opportunity nestled in the heart of Railway Estate,
2/35 First Street is a two-bedroom unit that offers a low-maintenance lifestyle. With similar units in the area achieving over $300 per week, this property is perfect for the savvy investor looking to expand their portfolio.
Located in a neat looking complex of only five single level units, this tidy abode features built-in wardrobes and air-conditioning in the main bedroom and lounge, ensuring year-round comfort. The open plan living area is accentuated by the absence of carpet throughout, providing a seamless and low-maintenance atmosphere.
Additional features of this property include a single car open garage, security screens, an internal laundry and a large storage room. Outdoors, a private courtyard offers a serene space for relaxation, while visitor parking ensures convenience for guests.
This entry level property is simple in design and easy on the maintenance, very attractive & affordable body corporate fees coupled with strong rental demand make this a cost-effective investment choice.
Don't miss your chance to secure this fantastic investment opportunity in a prime location. With neat & tidy interior appearance and low-maintenance appeal, 2/35 First Street, Railway Estate is set to deliver a desired return for the astute investor.
Key Financial information
- Low body corporate fees Administration $1325 per year & sinking fund $400 per year
- Rates per half year $1754.50
- Expected rent returns $300+ per week.
Sold at AUCTION on Saturday 7th October at 10-00 am,
Auction will be held onsite
Auction terms "as is - where is"
Deposit 5% of purchase price
Settlement 42 days from contract date
AUCTION PRICE FILTER
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Property History for 2/35 First St, Railway Estate, QLD 4810
- 07 Oct 2023Sold for $175,000
- 04 Sep 2023Listed for Sale Not Disclosed
- 28 Sep 2016Transferred for $138,000
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0About 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.
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