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
$399,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
78 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
Asking
$399,000
Asking · $5,115/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
-38.6%
Median sale
Suburb $650,000
+2.52 pp
Gross yield
Suburb 4.02%
Suburb median $650,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$17,362 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 6.5%. 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 Page & PearcePositioned within a quiet, well-maintained complex in the ever-convenient suburb of Railway Estate, this neat and practical two-bedroom unit presents an outstanding opportunity for investors looking to secure an affordable property with immediate rental income. Currently leased at $385 per week until 17 November 2026, the property offers a hassle-free investment with an established tenant already in place.
Designed for comfortable, low-maintenance living, the home features a functional open-plan kitchen, living and dining area with tiled flooring throughout, creating an easy-care space that is both practical and inviting. The kitchen is equipped with laminate benchtops, a pantry cupboard and ample storage making everyday living simple and efficient.
Both bedrooms are generously proportioned complete with built-in wardrobes, soft carpet underfoot, and box air conditioning for year-round comfort. The central bathroom has been modernised and features a stand-in shower, while the convenience of a separate toilet and internal laundry adds further practicality.
Outside a private rear courtyard provides a quiet space to relax or enjoy your morning coffee, while the adjoining single carport offers secure off-street parking. Set on a single level with no stairs, this property will appeal to a broad range of tenants and future owner occupiers alike.
Conveniently located just minutes from the Townsville CBD, Queensland Country Bank Stadium, The Strand and major shopping centres, Railway Estate continues to be one of Townsville's most accessible and consistently popular suburbs.
Property Features
• Two spacious bedrooms with built-in wardrobes
• Box air conditioning throughout
• Open-plan kitchen, living and dining area
• Tiled living spaces with carpeted bedrooms
• Functional kitchen with pantry and laminate benchtops
• Modern bathroom with stand-in shower
• Separate toilet
• Internal laundry
• Linen/storage cupboard
• Private rear courtyard
• Single adjoining carport
• Single-level unit for easy accessibility
Investment Information
• Currently rented for $385 per week
• Lease commenced 18 November 2025
• Lease expires 17 November 2026
• Last rental increase completed 18 November 2025
Location Highlights
• Approx. 4 minutes to Queensland Country Bank Stadium
• Approx. 5 minutes to Townsville CBD
• Approx. 6 minutes to Fairfield Central Shopping Centre
• Approx. 7 minutes to The Strand
• Approx. 10 minutes to Townsville University Hospital & James Cook University
Whether you're expanding your investment portfolio or securing an affordable property in a high-demand location, this is an opportunity that combines reliable income, low-maintenance living and exceptional convenience.
*** Some images may have been digitally enhanced for illustrative purposes ***
Listing description written by Jack Howard, Page & Pearce — reproduced as published, not verified by Districts.