SOLD
RECENT ADVICE
Sold on 29 Oct 2024 for $515,000

4 Desmond Street
Railway Estate QLD 4810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 61m2
Land area: 830m2
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Property Details for 4 Desmond St, Railway Estate

4 Desmond St, Railway Estate is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 830m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Railway Estate in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
61m2
Land Size
830m2
Local Government
Townsville City
Lot/Plan
38/RP703396

Last Listing description (October 2024)

Welcome to 4 Desmond Court, Railway Estate - a high-set duplex offering a fantastic investment opportunity with excellent rental returns.

Both units are tenanted !!!
Unit 1 currently leased at $340 per week until December 2025

Unit 2 at $380 per week until August 2025,

This is a secure income-generating property. Each unit is well-appointed with air-conditioned living rooms, neat kitchens featuring vinyl laminate flooring, and ample storage space. The bedrooms are carpeted and equipped with split system air-conditioning, ceiling fans, and a double built-in wardrobe in the master bedroom. The updated bathroom adds modern convenience.

The property also includes a lock-up garage and laundry area located downstairs. Security screens throughout provide peace of mind, and the fully fenced, pet-friendly yard offers privacy and outdoor space.

Situated in the sought-after Railway Estate, this duplex is just minutes from Townsville City, making it ideal for tenants seeking proximity to the city while enjoying a quiet neighborhood setting.

Distance to
? Railway Estate School 1.3 kms
? Townsville State Highschool 1.8bkms
? Townsville City 3.9 kms
? Castletown Shopping Centre 5.8 kms
? Fairfield Central 5.3 kms
? Country Bank Stadium 2.8bkms
? Queensland Country Bank Stadium 2.8kms
? Townsville City 3.9 kms

Don't miss this solid investment opportunity - Enquire online and we will send you a link with all the information you are seeking.
Please call Julie Goddard 7 Days a week if you have additonal questions on this property.

Property History for 4 Desmond St, Railway Estate, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$515,000
29 Oct 2024
  • 29 Oct 2024
    Sold for $515,000
  • 19 Jun 2024
    Listed for Sale OFFERS OVER $499,000
  • 19 Jun 2020
    Listed for Rent - Price not available
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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.