OFF MARKET

3/49 Ninth Avenue
Railway Estate QLD 4810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 81m2
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Property Details for 3/49 Ninth Ave, Railway Estate

3/49 Ninth Ave, Railway Estate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 81m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1990
Floor Size
68m2
Land Size
81m2
Local Government
Townsville City
Lot/Plan
3/BUP71373

Last Listing description (December 2021)

Here is the perfect opportunity to secure a two bedroom unit in the very popular suburb of Railway Estate, so close to Townsville's busy city centre and mere minutes walk to the new Stadium and Townsville's 500. This ground level solid block unit is one of a 5 unit complex. On entry the unit is open plan encompassing the living, kitchen and dining with vinyl plank flooring throughout. The unit is fully air conditioned and has ceiling fans in place. The property has a rear private patio and the front has single carport accommodation. The location speaks for itself with sought after fashion houses, award winning bars, restaurants and cafes at your fingertips. This unit would definitely be a bonus in your growing investment portfolio so do not hesitate and explore today.

Currently leased at $230 p/w with long term tenants until 15/06/2022
(St Vincent de Paul Society) rent is paid even if the property is vacant.

8.20% gross income p.a

* 2 Bedrooms
* 1 Bathroom
* Single carport accommodation
* Air conditioned bedroom
* Built-in Robes
* Open plan
* Internal laundry
* Private rear court yard
* Lock-up Storage room
* Closely located to the new Stadium and Townsville 500

Property History for 3/49 Ninth Ave, Railway Estate, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$138,000
27 Oct 2021
Listed for Rent
$220/w
08 Jun 2020
  • 27 Oct 2021
    Sold for $138,000
  • 08 Sep 2021
    Listed for Sale $145,900
  • 19 May 2020
    Listed for Rent $220 / week
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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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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.