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 › Eleventh Ave
$465,000
Last sold
17 Dec 2020
4
Bedrooms
3
Bathrooms
2
Car spaces
405 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
$465,000
17 Dec 2020 · 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
-28.5%
Median sale
Suburb $650,000
+1.59 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 TownsvilleWelcome to 34 Eleventh Avenue an innovative dual income Duplex residence comprising of a 3 bedroom 2 bathroom quality finished home to the rear with a secondary residence delivering a luxury loft apartment with each property having private secure garages seamlessly together. The unique design offers an impressive street appeal. This home could offer two rental incomes as it currently does or one supplementary income from your home when you occupy the house or apartment.
Right at home in the City Fringe the property will appeal to a wider rental market and or homeowner being just walking distance to the New Townsville Stadium, Townsville foodie precinct and the CBD making it the smart investment and lifestyle choice.
From the front you will see the two-car garages, one side for the upstairs one bedroom apartment and the other space for the house at the back. As you walk down the path, the private entrance for both properties are found. The stairs to the apartment are tucked behind the building and out of sight.
The Family Home
The rear home has a nice level of class from the moment you step inside, to the left it's spacious open plan flowing through the lounge to dining and onto the extended entertaining patio where you can have a few pre-game drinks before heading to the Stadium.
The kitchen is beautiful and overlooks the dining space featuring a large island with a full length breakfast bar, gas cooktop and double plumbed fridge space all in crisp white with pendant light accents.
The bedroom wing of the home has the master suite well-appointed and spacious with his and hers walk through robe leading into a cosy ensuite. The further two bedrooms are equally as spacious and built in. The family bathroom has a large full length shower ideal for the kids, large vanity with ample storage. The internal laundry room is on this side of the home also with direct access outside
The Apartment
The front apartment above the garage is a beautiful one bedroom home which is fully self-contained without losing any quality. With an open kitchen with gas cooking also, combined dining and lounge which opens out to a comfy front balcony where you can enjoy a morning cup of tea and watch the sunrise. The bedroom is generous with a large built in robe and romantically connects to the balcony through double glass sliding doors. The apartment has a well appointed bathroom and its own laundry built into a cupboard.
The home and apartment still have lots of extra qualities such as air-conditioning, gas hot water & cooktop, stainless steel appliances, earthy colour palettes, remote garage doors and security screens for peace of mind.
The Current Investment Returns
Fully tenanted the property as two premises (each is separately metered). With a current combined rental income of $630 per week ($380 house, $250 apartment ) and no body corporate fees, single dwelling council rates with gross returns of 6.9% and never experienced a vacancy.
Listing description written by Giovanni Spinella, Ray White Townsville — reproduced as published, not verified by Districts.