42 Railway Ave, Railway Estate is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 374m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2013.
Great Buying Minutes from the CBD
Rarely do renovated 4 bedroom Queenslanders become available so close to the city for under $300,000. An opportunity not to be missed!
An ideal property for first home buyers or busy professionals looking for an inner city lifestyle without the price tag. Located just minutes from the heart of the city and Reid Park in the tranquil city side suburb of Railway Estate. The quaint Queenslander utilizes high ceilings, louvers and north to south aspect to capture light and cool breezes. Relax with a coffee on your secluded timber patio by morning and retreat to the shaded outdoor entertaining area in the afternoon. This is a well maintained property with low maintenance landscaped gardens that provide the perfect setting for entertaining. The fully fenced allotment provides additional access through double gates via a rear lane-way providing enough room for the boat and toys.
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:
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