2. QLD
  3. Townsville

Houses Units

Here you can find what you need to know about Railway Estate, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$465K Median Sale Price (National Average $485k) 858th In QLD
16.54% Median Sale Price Change (1yr) (National Average 4.30%) 332nd In QLD
$478pw Median Rent (National Average $395) 649th In QLD
5.3% Median Gross Yield (National Average 4.24%) 136th In QLD
Properties sold 93
Average discounting -6.03%
Average Days on Market 33
Stock on Market 43 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Railway Estate, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Railway Estate, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Railway Estate, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Railway Estate


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Railway Estate, QLD 4810

Part of: Townsville Council No data available

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. (source: Australian Bureau of Statistics)

View all properties for sale in Railway Estate

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Railway Estate   for Houses in last 12 months


There have been 93 Houses sold in Railway Estate in the past 12 months with a median sale price of $465K, up 16.5% annually. It takes on average 13 days to sell with vendor discounting of -6.0%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Rainbow VIC, 3424 31.17% $212,500 Unavailable Unavailable View Suburb Profile
South Townsville QLD, 4810 28.81% $515,250 $485pw 4.9% View Suburb Profile
Rainbow Beach QLD, 4581 1.76% $865,000 Unavailable Unavailable View Suburb Profile
Glenorie NSW, 2157 2.76% $2,512,500 $800pw 1.7% View Suburb Profile
Brinsmead QLD, 4870 7.65% $675,500 $650pw 5.0% View Suburb Profile
Basin Pocket QLD, 4305 23.22% $536,000 $480pw 4.7% View Suburb Profile

Currency

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