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
$400,000
Last sold
21 Aug 2023
2
Bedrooms
1
Bathrooms
1
Car spaces
607 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
$400,000
21 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Railway Estate (last 5 years) with land size have a median of $958/m² of land (n=97). 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
-38.5%
Median sale
Suburb $650,000
+2.51 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 unavailable for this jurisdiction (no_adapter:QLD)
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
QLDZoning is not available (no_adapter). 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 (no_adapter). 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
UnknownZoning is not available (no_adapter).
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 (no_adapter). 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
UnknownNo DA adapter returned applications 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 TownsvilleSOLD By Giovanni Spinella & Jaimee Rankin
When a charming personality, central location, and peace of mind are what you are searching for, then the wait is truly over. This cute-as-a-button Queenslander is perfect for the first homeowner or investor looking for something low-maintenance. Behind the picture-perfect picket fence lies a clean and tidy home with a functional floorplan, beautiful established gardens, and a traditional, clad exterior. Well-appointed on a spacious 607 square metre block with more than enough room for the family to grow, this property is dressed to impress at every turn with no expense spared by the current owner.
Originally built pre-1940's, this classic residence has stood the test of time. Over the last decade, the current owner has lovingly updated the home to reflect a contemporary and modern aesthetic whilst still staying true to the period. Ascending the stairs, you enter the property into an enclosed sleepout, adorned with inviting breezes and plenty of natural light through the tinted aluminium casement windows that stretch the external walls. Beyond, a combined living and dining space exhibits generous proportions, featuring neutral tones and stunning, polished timber flooring.
The two bedrooms on the left are both a great size, featuring air-conditioning to stay cool in the warmer months, and both making the most of usable space with large built-in robes. The family bathroom at the rear is a spectacle, recently renovated and spacious with a large walk-in shower and vanity with under-sink storage. The kitchen is perfect for the passionate cook and houses plenty of bench and cupboard space including overhead cabinetry, and a freestanding electric stove to cook up a storm!
From the kitchen, the house steps down into an internal laundry, and from there, you are spoiled for choice with a covered, all-weather patio… perfect for entertaining and enjoying an evening glass of wine! The yard is immaculately maintained, fully fenced and with a large, grassed area to keep the children and family pets happy. The gardens are tidy and low maintenance with a large, double door garden shed to store all your tools, an outdoor shower and double side gate access with a carport.
Located within walking distance to the Reid Park Pits and only a short walk to the Ross Island Hotel for an afternoon counter meal, this home is only a few minutes' drive to the South Townsville boat ramp, NQ Marina Fresh Seafood, the Queensland Country Bank Stadium, City Land, Flinders and Palmers Street, the wonders of the Townsville CBD and the many Castle Hill walking tracks for the fitness enthusiast. You are within a short drive to the Amazing Grace Early Learning Centre, the Railway Estate State School, Townsville State High School, and all other major amenities are at your immediate grasp. 192 Boundary Street boasts the charm and the location, so what are you waiting for? Contact Giovanni or Jaimee to find out more and secure your inspection time, TODAY!
*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.
*This property is being sold by Auction and in Queensland we cannot provide price guides for an Auction property. This is because we cannot know how high the bidding will go. A property may appear on a listing website when you search by price. This is only for the purpose of the web search and is not designed as a price guide.
Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
Listing description written by Giovanni Spinella, Ray White Townsville — reproduced as published, not verified by Districts.