Data last updated: 13 Jun 2025
Estimated market value: Ranges from $428,125 to $515,225 (based on various median house price data for Railway Estate) [5, 8, 10, 15]
Notes: The median house price in Railway Estate has seen significant growth in the past 12 months, with figures ranging from 15.20% to 21.6% depending on the source and property type . The property was last sold for $365,000 in July 2023.
31 Jul 2023 - $365,000
10 Oct 1991 - $72,000
26 Jun 1987 - $39,000
Type:
House (Low-set Queenslander) [3, 6, 11]
Bedrooms:
2
Bathrooms:
1
Land (sqm):
809
Car/Garage:
2 parking spaces (2-bay carport) [3, 5, 6, 7]
Estimated weekly rent:
$500 - $550 PW
Railway Estate houses typically rent for $500-$520 PW, with annual rental yields of 4.7% to 5.30% . A comparable 2-bedroom duplex unit nearby has a rental appraisal of $510-$550/week.
Rental vacancy rate:
2.4% for houses in Railway Estate (as of Feb 2025) , Townsville region 1% (March 2024)
Council rate:
Approximately $3,590 per year (based on a comparable property in the suburb, may vary)
Water rate:
N/A (Not publicly available without specific property records, typically billed with council rates)
Strata fee:
N/A (House, not subject to strata fees)
Home and content insurance price:
Variable / N/A (Requires specific quote based on individual circumstances and property details)
LGA:
Townsville City Council
Zoning:
Residential
Bushfire:
Not detected
Flood:
Detected (flood management overlay)
Heritage:
Not detected
State Government:
CopperString 2032 (1,100 km high-voltage electricity transmission line from Townsville to Mount Isa)
Townsville University Hospital Expansion (delivering around 143 extra beds by 2026)
Townsville Airport Redevelopment ($80M for terminal refurbishments, access enhancement)
Great Barrier Reef Aquarium Redevelopment (upgrading exhibits, façade, predator tank, etc., re-opening 2026)
TAFE Hydrogen and Advanced Manufacturing Hub (training facilities at Bohle Trade Training TAFE)
RAAF Base and Lavarack Barracks Upgrades ($3.8 billion committed for defence infrastructure)
Local Government:
Ingham Road Four-lane Upgrade
North Australia Arts Precinct
North Queensland Simulation Park
North Rail Yards
Townsville's Living Coastlines – Space for Saltmarshes Project
Queens Rd at Third Avenue - Bus Stop (3 min walk)
Doorey St at Twelfth Ave - Bus Stop (13 min walk)
Breakwater Ferry Terminal - Ferry (32 min walk)
Townsville Railway Station - Regional Train Services (No suburban rail)
Railway Estate is considered a 'healthy market' with a Boomscore of 56/100 for houses, exceeding the QLD state average. The market absorption rate is 'very slow', indicating a buyers' market.
May 2024 - May 2025 | $515,225 (all houses)
May 2024 - May 2025 | $444,000 (2 bed houses)
Currently (listing) | $490,000 (listing median for houses)
Currently (median sale price) | $470,000
Currently (median sale price) | $492,500
Up 18.4% for houses (May 2024 - May 2025)
Up 18.93% for houses (past year)
Up 15.20% for houses (past 12 months)