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Railway Estate
QLD, 4810 - Townsville

Thinking about buying in Railway Estate? Now could not be a better time, with 2048 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $424,000 with prices in this suburb ranging from $136,000 to $2,141,000. Railway Estate is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $291.44
Median Monthly Mortgage $1444.00
Median Persons Per Bedroom 0.76
Average Household Size 2.11
Average Age 35.33
Average Income $896.44
Average Cars Per Dwelling 1.64
Average Properties Within 50M 15

Housing Stock

Average Property Prices

1 Bed  $322,000
2 Bed  $352,000
3 Bed  $557,000
4 Bed  $646,000
5 Bed  $779,000
6 Bed+$724,000

Railway Estate Real Estate Market Outlook

In Railway Estate there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Railway Estate is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Railway Estate provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Railway Estate requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Railway Estate

Belle Property UNIT 42, 100 NINTH AV, RAILWAY ESTATE, QLD, 4810 Beds4 Bathrooms1 Parking 1 $398,000
Belle Property UNIT 1, 165 BOUNDARY ST, RAILWAY ESTATE, QLD, 4810 Beds2 Bathrooms1 Parking 2 Offers over $459,000
OneAgency UNIT 1, 97 ELEVENTH AV, RAILWAY ESTATE, QLD, 4810 Beds3 Bathrooms1 Parking 1 $395,000.00
Ray White 76 ELEVENTH AV, RAILWAY ESTATE, QLD, 4810 Beds4 Bathrooms1 Parking 2 695000
Remax 12 FLOWERS ST, RAILWAY ESTATE, QLD, 4810 Beds Bathrooms High $200,000s - Low $..

Local Schools

Townsville State High School

Railway Estate State School

Townsville Flexible Learning Centre

Townsville West State School

Townsville South State School

St Margaret Mary's College

Hermit Park State School

St Joseph's Catholic School

The Strand

St Patrick's College Townsville

Townsville Central State School

(While the above schools are located with the suburb of Railway Estate there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Railway Estate weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jun0.715.525.946.992.03.515.6
Jul0.614.825.944.691.73.617.0
Aug0.415.026.842.692.43.719.7
Sept0.117.428.442.388.44.323.8
Oct0.620.929.846.985.05.025.7
Nov1.823.230.852.284.45.126.9
Dec5.124.632.052.384.95.127.1
Jan8.524.931.858.489.94.622.8
Feb6.624.932.457.291.64.023.1
Mar9.323.93159.891.54.320.3
Apr1.621.630.252.690.14.019.7
May1.117.727.946.990.73.817.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Hermit ParkOonoonbaTownsville CityHyde ParkSouth TownsvilleWest EndMystertonCastle HillRossleaPimlico

Public Transport


General Points of Interest

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