5/7 Seventh StreetRailway Estate QLD 4810
Property Details for 5/7 Seventh St, Railway Estate
5/7 Seventh St, Railway Estate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. 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.
Last Listing description (October 2024)
City fringe - tick! Recently refurbished - tick! Neat and tidy tenants - also TICK! This low set unit is perfect for those who know location is important or might be looking for their next investment property, welcome home to Seventh Street Apartment. A sought-after location within moments from the CBD, this budget friendly two bedroom unit is ready for its next investor or soon to be owner occupier with the current lease ending in February.
- Perfectly positioned in the heart of Railway Estate, seconds from the football stadium and the city centre
- Recently refurbished throughout with polished concrete flooring
- Modern kitchen with tasteful subway tiling, stone look benchtops and electric stove top
- Master suite is spacious with enough room to fit a king bed suite
- Both bedrooms enjoy dark grey carpet, split system air-conditioning and robe space
- Beautifully updated bathroom with floor to ceiling tiling, wall to wall shower, stone look vanity and separate toilet
- Private and tidy fenced courtyard to the rear with enough space for your own herb garden and under cover laundry space
- Exclusive single carport, unit located to the rear of the complex for added privacy
- Moments to the Townsville Stadium, Palmer Street Restaurant Precinct and the Townsville CBD
- Minutes to the Strand and Castle Hill
- Rental appraisal $360-$390/week (8.6% gross yield potential)
- Currently rented at $350/week, lease end February 2025 (last rental increase August 2024)
- Approximately $5,278/year for body corporate fees
- Townsville City Council rates are approximately $1,900 per half year
All information (including but not limited to the property area, floor size, price, address and general property description) on online advertising is provided as a convenience to you, and has been provided to Whaites + Co by third parties.
Property History for 5/7 Seventh St, Railway Estate, QLD 4810
- 02 Oct 2024Sold for $249,000
- 18 Sep 2024Listed for Sale Offers Over $235,000
- 29 Mar 2023Listed for Rent $310 / week
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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 1,766 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.
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