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QLD › Railway Estate › Twelfth Ave

39 Twelfth Ave, Railway Estate QLD 4810

For saleHouse for Sale

$849,000

For sale

Asking

4

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $849,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $849,000(Listing record · 8 Aug 2026)
  • CalculationAsk is 31% above the Railway Estate median recorded sale ($650,000, n=52, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Railway Estate's advertised median rent ($502/wk), implied gross yield would be 3.07% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$849,000

Asking

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 52 recorded sales (last 12 months) — a Districts calculation.

See the full Railway Estate report →

Vs Railway Estate

+30.6%

Median sale

Suburb $650,000

-0.95 pp

Gross yield

Suburb 4.02%

Suburb median $650,000 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$849,000
Stamp Duty (Queensland)
$31,230
Transfer/Registration Fee
$3,368
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$887,298

$38,298 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Railway Estate's advertised median rent — not a rent for this listing.

Net yield
1.57%
Annual cashflow (pre-tax)
$-30,779
Interest cover (DSCR)
0.30
Annual rent
$26,104
Operating expenses
$12,735
Loan amount
$679,200
Annual interest
$44,148
Gross yield
3.07%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$849,000available7 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.1%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Railway Estate in one glance

Railway Estate at a glance

3,034

People

$650,000

Median sale

$502/wk

Median rent

4.02%

Suburb gross yield

Median sale from 52 recorded sales (last 12 months) — a Districts calculation.

See the full Railway Estate report →

Keep researching

  • Why Railway Estate? Read the area thesis →
  • What else is on the market in Railway Estate →
  • Other records on Twelfth Ave →

Listing material

Listed by Lynham & Co. Sales

Positioned for Lifestyle, Flexibility and Future Potential

Occupying a generous corner block at the intersection of Twelfth and Ninth Avenues, this charming Queenslander presents an outstanding opportunity for a wide range of buyers.

Whether you're searching for a spacious family home, dual living for extended family, a property to operate a home business, an investment opportunity, live above and air bnb below, or a home with exciting future development potential, this versatile residence delivers on every level.

Boasting an impressive 40-metre frontage to Ninth Avenue, the property offers exceptional scope for additional off-street parking, a large shed, or even a second dwelling (subject to council approval).

Read the full description

Upper Level

Step upstairs and discover all the timeless charm of a classic Queenslander, featuring soaring high ceilings, VJ walls, polished timber floors, and an abundance of natural light.

Beautifully presented and true to its heritage, the upper level offers four generous bedrooms, spacious open-plan living and dining areas, and a thoughtfully updated kitchen and bathroom. The modern kitchen features ample storage, quality appliances, a breakfast bar, and flows seamlessly into the dining area, while a convenient internal laundry nook adds everyday practicality.

Air conditioning services the main living area and master bedroom, and the home is fully screened for year-round comfort. Access to the upper level is available via both the front and rear staircases.

Lower Level

The fully renovated lower level has been thoughtfully designed as a self-contained retreat with its own private entrance, making it ideal for dual living, extended family, guests, teenagers, or those operating a home-based business.

This spacious level features a large modern kitchen with quality appliances and extensive bench space, an open-plan living and dining area, a contemporary bathroom, and an oversized king-sized utility room. With a little imagination, the utility room could easily be reconfigured into two separate rooms, offering even greater flexibility.

Fully tiled throughout and complete with split-system air conditioning and security screens, this level is both stylish and low maintenance. It also enjoys direct access from the carport, which doubles as a fantastic covered entertaining area, creating the perfect place to relax with family and friends. Both front and rear external access further enhance convenience and independence.

THE PROPERTY

Upper Level

- Four generous bedrooms

- Spacious open-plan living and dining areas all fully - aironditoned

- Separate sitting room, ideal for reading or relaxing away from the main living space.

- Functional kitchen with breakfast bar, quality appliances, and excellent storage.

- Renovated family bathroom.

- Convenient internal laundry nook.

- Air conditioning to the living area's and master bedroom and second bedroom

- Polished timber floors throughout.

- Character VJ walls and high ceilings.

- Fully screened.

- Front and rear stair access.

Lower level

- Fully self-contained and beautifully renovated.

- Private external entrance.

- Full-size kitchen with extensive bench space and abundant cabinetry.

- Spacious open-plan lounge and dining area.

- Oversized room with flexible living options.

- Modern bathroom.

- Split-system air conditioning throughout

- Fully tiled throughout.

- Fully screened.

- Direct access from the covered carport/entertaining area.

- Front and rear external access.

Outdoor

- Fully fenced 1012 m2 allotment

- Established gardens and mature shade trees

- Room for pets

- Rooms for cars from Ninth Avenue.

- Single carport as part of home side access

- Space for additional vehicles, a large shed, caravan or boat storage, -

- Impressive 40-metre frontage offering excellent development potential (subject to council approval).

THE LOCATION

- Moments to the CBD and Strand Precinct

- Moments to quality junior and senior schools

- Moments to Palmer Street restaurants and pubs

- Short distance to the Queensland Country Bank Stadium

This is a rare opportunity to secure a character-filled Queenslander that combines timeless appeal with exceptional versatility, generous living spaces, and exciting future possibilities.

Whether you're looking for a forever family home, dual living, investment potential, or room to grow, this outstanding property is ready to impress.

Disclaimer:

Whilst every care is taken in the preparation of the information contained in this marketing, Lynham and Co. Real Estate will not be held liable for any errors in typing or information. All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary. All interested parties should rely upon their own enquiries to determine whether or not this information is accurate. and obtain their own legal advice before proceeding.

Listing description written by Graham Lynham, Lynham & Co. Sales — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.