Suburb Profile Report for Railway Estate QLD (4810)

Railway Estate House: Median price $280,000, Annual capital growth -1.54%, Number of sales 36, Weekly median advertised rent $330

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Railway Estate has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -9.09% to date .

Over the longer term, Railway Estate has seen property prices show investors a -9.53% return over the last 3 years. This is an improvement over the last 12 months

Railway Estate4810 is located in QLD which offers an average discount of -7.01% to property investors. Railway Estate itself is showing figures that indicate -11.34% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.

Situated 1109.22km from the CBD, Railway Estate is one of Townsville (C) localities in the postcode 4810.

Metrics i HOUSE UNIT
$280,000 N/A
-2.61% N/A
-9.09% N/A
-1.54% N/A
$330 N/A
36 N/A
6.13% N/A
80.9655172413793 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Railway Estate QLD
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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