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.
QLD › Railway Estate › Tenth Ave
$375,000
Last sold
25 Jan 2021
3
Bedrooms
2
Bathrooms
3
Car spaces
608 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
$375,000
25 Jan 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 52 recorded sales (last 12 months) — a Districts calculation.
Vs Railway Estate
-42.3%
Median sale
Suburb $650,000
+2.94 pp
Gross yield
Suburb 4.02%
Suburb median $650,000 from 52 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 52 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White TownsvilleThe history and emotion Railway Estate is so known for is evident as you walk through the tree lined streets. Surrounded by other period homes, you will fall in love with this charming, fully renovated Queenslander and be proud to call it your very own. Built on a corner block in the early 1940's, this home has been lovingly restored to bring its character to life whilst still staying true to its traditional roots.
From the street, you are taken aback by the delightful picket fence and traditional iron roof. Ascend the stairs and into the closed in sleepout verandah hugging the inner bones of this home. Stunning polished timber floors greet you as the natural sunlight and breeze fills the space from the louvres extending and stretching around the external walls.
As you enter the main living and dining area, the height of the ceilings and the natural flow of movement draws your eyes through the space and into the heart of the home: the kitchen. This tastefully designed galley style kitchen is a modern entertainers dream. Featuring the latest appliances including a double drawer dishwasher, room for a French door fridge with plumbing, induction cooktop, giant breakfast bar, plenty of bench and storage space AND the addition of a walk-in pantry, there is ample opportunity to get creative with pairing some wine with a cheeseboard!
The newly renovated bathroom will allow you to take your relaxation to the next level with a double basin, crisp white and soft grey tones, a giant rainfall showerhead and a dreamy standalone bathtub. The two sizeable bedrooms inside both feature plush, deep carpet with the main boasting a large 2m x 3m walk in robe with his and her sides. Uniquely, down the stairs and past the covered double remote car garage is a modest guest retreat with an adjoined ensuite with direct access to the tiled outdoor alfresco area.
Only minutes from the Strand, Queensland Country Bank Stadium, Castle Hill, Townsville City, boat ramps and the port giving you direct access to the wonders of Magnetic Island, the location of this classic property is unbeatable. Come and explore the delights of 42 Tenth Avenue to see if this is your home sweet home.
*
This property is being sold by Auction and in Queensland we can not 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 purposes of the web search and is not designed as a price guide.
Listing description written by Giovanni Spinella, Ray White Townsville — reproduced as published, not verified by Districts.