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 › Second St
$475,000
Last sold
19 May 2021
4
Bedrooms
1
Bathrooms
1
Car spaces
670 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Last sold
$475,000
19 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Railway Estate (last 5 years) with land size have a median of $949/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
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
-26.9%
Median sale
Suburb $650,000
+1.48 pp
Gross yield
Suburb 4.02%
Suburb median $650,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Ray White TownsvilleIdeally located within walking distance of Townsville State High School, Railway Estate State Primary School, Reid Park Event Precinct (walk to the V8's) and in very close proximity to the City Business District and the Palmer Street eateries. From this suburb it is also a short drive to The Strand, and the new stadium.
A charming home with lots of character. A typical Queenslander with high ceilings, polished timber flooring, ornate fretwork and open spacious rooms, tongue-n-groove interior and French doors.
The very formal lounge and dining rooms are air conditioned, have ceiling fretwork and open to the kitchen and sunroom/family room. The kitchen, which has ample storage, has serveries to the dining and sunroom.
All four bedrooms are spacious, have fans and air-conditioning and two have built-in wardrobes. The master bedroom, which boasts a two-way bathroom, is very large (approx. 7m x 4m). More like a bedroom/sitting room.
The main bathroom has both a shower, toilet and a fabulous claw-foot bath and vanity. There is also a second separate toilet close by.
A REAL QUEENSLANDER - with the white picket fence, wide front staircase and a wide glorious wrap-around verandah - with lots of breeze, a beautiful view to Castle Hill and overlooking a tropical in-ground swimming pool. Just the spot for alfresco dining or entertaining family and friends.
To view this exceptional home - please phone JAN LEE - NOW - on 0408 777 437.
Listing description written by Jan Lee, Ray White Townsville — reproduced as published, not verified by Districts.