55b Railway Ave, Railway Estate is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 536m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2012.
Recently Renovated, Under $300,000, Motivated Vendor
Beyond the humble facade, this light and bright hi-set home offers a functional three-bedroom floor plan. Outstandingly presented this low maintenance residence is sure to impress upon inspection. The home is just moments to all amenities including the city centre and Railway Estate boat ramp. This property is an ideal option for first homebuyers or low maintenance investment offering strong returns for the astute buyer.
Immaculate condition throughout offering low maintenance living
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 1,765 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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