2/49 Ninth AvenueRailway Estate QLD 4810
Property Details for 2/49 Ninth Ave, Railway Estate
2/49 Ninth Ave, Railway Estate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 81m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (September 2023)
~ 8.89% Annual ROI Yield (Pre Expenses)
~ Currently tenanted at $330/week until 26th Jan, 2024
~ Whole complex is currently undergoing a full re-paint
~ Council rates are approximately $3509/year
~ Body Corporate fees approximately $3044/year
Looking to make a smart real estate investment? Look no further! This delightful 2-bedroom, 1-bathroom home in the sought-after suburb of Railway Estate in Townsville is a golden opportunity you don't want to miss.
Nestled in a prime location, this low-set block house offers both comfort and convenience. Step inside to discover a cozy living space that exudes warmth and character. The open layout seamlessly connects the living and dining areas, creating an inviting atmosphere for relaxation and entertainment.
The location of this property really is the highlight. Just 4 minutes to Queensland Country Bank Stadium, 3 minutes to Townsville Recreational Boating Park, 5 minutes to Flinders Street nightlife, 7 minutes to Fairfield Shopping Centre and mere walking distance to Railway Estate State School, you couldn't wish for a better position to call home.
If the location doesn't win you over, you'd be thrilled to know both bedrooms of the property are generously sized, providing a peaceful retreat for restful nights. The neutral color palette throughout the house offers a blank canvas for you to infuse your personal style and create the perfect ambiance.
Outside, the property features a sturdy colorbond roof, ensuring durability and low maintenance for years to come. The spacious backyard presents endless possibilities, whether you want to create a lush garden oasis, set up a play area for kids, or design a relaxing outdoor entertaining space.
As an investment property, this home offers excellent rental potential in a highly desirable area. Railway Estate is renowned for its convenience and proximity to key amenities. It's just a stone's throw away from schools, parks, shopping centers, and public transportation, making it an attractive location for tenants.
Don't miss out on this fantastic opportunity to secure a solid investment property in the thriving suburb of Railway Estate. Act now and seize the chance to enter the real estate market or expand your investment portfolio. Contact us today to arrange a viewing and unlock the potential of this charming 2-bedroom gem!
Disclaimer: The floorplan provided is intended for illustrative purposes only and should not be used as an accurate representation of the property's dimensions or scale. While efforts have been made to ensure its accuracy, discrepancies may exist between the floorplan and the actual layout of the property.
Property History for 2/49 Ninth Ave, Railway Estate, QLD 4810
- 17 Aug 2023Sold for $199,500
- 20 Jul 2023Listed for Rent $360 / week
- 15 Jun 2023Listed for Sale $195,000 - $215,000
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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 1,777 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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