4/94 First Avenue

Railway Estate QLD 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.