Railway Estate at a glance
3,034
People
$650,000
Median sale
$502/wk
Median rent
4.02%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
QLD › Railway Estate › Boundary St
$649,000
For sale
Asking
3
Bedrooms
1
Bathrooms
3
Car spaces
607 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$649,000
Asking · $1,069/m² of land
No recorded sale for this property.
Railway Estate at a glance
3,034
People
$650,000
Median sale
$502/wk
Median rent
4.02%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Vs Railway Estate
-0.2%
Median sale
Suburb $650,000
0.00 pp
Gross yield
Suburb 4.02%
Suburb median $650,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$28,366 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Railway Estate's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $502/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Railway Estate at a glance
3,034
People
$650,000
Median sale
$502/wk
Median rent
4.02%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne TownsvilleRaine & Horne Townsville, in proud partnership with Steve Leaumont & Scarlett Stinton, proudly presents a beautifully maintained character home with an impressive outdoor setup, generous space and plenty of lifestyle appeal - welcome to 166 Boundary Street, Railway Estate.
Positioned in the highly sought-after suburb of Railway Estate, this charming home combines classic character with practical improvements, creating an inviting property that is ready to enjoy while offering plenty of space for those who love to entertain, tinker or simply spread out.
From the moment you arrive, the home's gorgeous street presence immediately catches your attention. Established tropical gardens, swaying palms, a manicured front lawn and the home's charming facade create a warm and welcoming first impression, while the elevated position adds to its character and appeal.
Inside, the home offers a comfortable and functional layout with the warmth and charm you'd expect from a character property. Timber features, an abundance of windows and a relaxed tropical feel create a welcoming atmosphere, while the home's practical spaces make everyday living easy.
The real showstopper, however, is outside. Positioned at the rear of the property is an impressive three-bay shed with a substantial 24kW power supply, providing an exceptional amount of space for vehicles, boats, trailers, tools, hobbies or the ultimate workshop. Whether you're a tradesperson, car enthusiast, collector or simply need serious storage, this is a feature that sets the property apart.
Adding even more versatility is the large covered outdoor entertaining area, creating the perfect space for weekend gatherings, family dinners or enjoying Townsville's tropical climate. With an expansive concrete hardstand surrounding the shed, there is ample room for multiple vehicles, boats, trailers and additional equipment.
Property Features:
- Charming character home with beautiful street appeal
- Established tropical gardens and manicured lawns
- Three-bedroom, one-bathroom layout
- Comfortable and functional living spaces
- Character features and timber accents
- Air conditioning
- Large three-bay shed
- Impressive 24kW power supply to shed
- Large covered outdoor entertaining area
- Expansive concrete hardstand, space for boats, trailers, vehicles and equipment
- Fully fenced block
- Sought-after Railway Estate location
- Close to the city, Palmer Street, stadium, schools and parklands
Properties combining character, established tropical gardens and an oversized shed setup are difficult to find, particularly this close to Townsville's CBD. Whether you're a tradie, car enthusiast, boat owner, investor or simply looking for a home with something a little different, 166 Boundary Street offers an exceptional combination of lifestyle and functionality.
Contact Steve Leaumont on 0499 500 032 or Scarlett Stinton on 0400 018 261 today to arrange your inspection.
Disclaimer:
Raine & Horne Townsville has taken all reasonable steps to ensure the information contained in this advertisement is accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Steve Leaumont, Raine & Horne Townsville — reproduced as published, not verified by Districts.