Suburb Profile Report for Railway Estate QLD (4810)

Railway Estate House: Median price $350,000, Annual capital growth 1.07%, Number of sales 97, Weekly median advertised rent $380

Railway Estate Unit: Median price $185,000, Annual capital growth -8.20%, Number of sales 24, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

QLD has seen average median house prices change by 12.16% which means that Railway Estate, 4810 has done well for property investors by showing a capital gain of 23.89% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Railway Estate has increased when compared to the 5 year average annual rate.

Railway Estate, 4810 is offering QLD ‘s 403th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

Residents and property investors in Railway Estate have been waiting around 38.5833 days to sell a property.

If we look at median property appreciation over just the last three months, Railway Estate has given property investors a paper return of 15.99%. This puts Suburb as 7 on a list of fastest fasting appreciating suburbs in QLD

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.64% offered to property buyers. Sellers in Railway Estate itself are offering an average vendor discount of -7.33% to real estate investors.

A $280 per week rent on the median house gives suburb investors a gross yield of circa 7.87%, without taking into account capital value appreciation, which has been averaging out at -8.20%.

Metrics i HOUSE UNIT
$350,000 $185,000
0.14% 15.99%
23.89% N/A
1.07% -8.20%
$380 $280
97 24
5.65% 7.87%
38.5833333333333 93.1111111111111

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 2956
Median household income ($/weekly) 1184
Median age of persons 33
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 319 10.8
    25-34 years 519 17.6
    35-44 years 429 14.5
    45-54 years 421 14.2
    55-64 years 316 10.7
    Others 952 32.2
    Age Group
    Census Count Percent(%)
    Not Married 1068 49.1
    Registered Married 692 31.8
    Defacto Relationship 416 19.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2419 85.8
    Papua New Guinea 85 3.0
    Philippines 27 1.0
    United Kingdom 102 3.6
    Other 81 2.9
    Others 104 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1772 66.3
    No Religion 845 31.6
    Buddhism 33 1.2
    Other Religious Groups 18 0.7
    Islam 4 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 108 9.8
    $800-$999 108 9.8
    $1,000-$1,249 121 11.0
    $1,500-$1,999 156 14.2
    $2,000-$2,499 113 10.3
    Others 493 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1092 47.7
    Not in the labour force 586 25.6
    Employed, worked part-time 425 18.6
    Employed, away from work 97 4.2
    Unemployed, looking for work 87 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 328 20.4
    Technicians & trades workers 292 18.1
    Community & personal service workers 179 11.1
    Clerical & administrative workers 223 13.8
    Labourers 177 11.0
    Others 412 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 40 6.5
    Infants/Primary 204 33.2
    Secondary 142 23.1
    Technical or Further Educational Institution 60 9.8
    University or other Tertiary Institutions 155 25.2
    Others 14 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2198 78.5
    Flat, unit or apartment 533 19.0
    Semi-detached, row or terrace house, townhouse 66 2.4
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 525 43.5
    Being purchased 388 32.1
    Fully owned 294 24.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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