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62 Tenth Avenue, Railway Estate QLD, Australia

Data last updated: 13 Jun 2025

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Ranges from $428,125 to $515,225 (based on various median house price data for Railway Estate) [5, 8, 10, 15]

Current Market Valuation

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.

Purchase History

31 Jul 2023 - $365,000

10 Oct 1991 - $72,000

26 Jun 1987 - $39,000

Property Details

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)

Zoning Information

LGA:

Townsville City Council

Zoning:

Residential

Bushfire:

Not detected

Flood:

Detected (flood management overlay)

Heritage:

Not detected

Potential Developments in the Area

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

Location 62 Tenth Avenue, Railway Estate QLD, Australia

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What's Nearby

Education

Railway Estate State School (0.18km)

Townsville State High School (0km)

Townsville South State School (1.79km)

Health & Medical

Cowboys Centre of Excellence (Apricus Health) (0km)

Belgian Gardens Medical Centre (0km)

Hyde Park Medical Centre (0km)

Townsville GP Superclinic (0km)

Townsville University Hospital (0km)

Transportation

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)

Suburb Performance

Median Price History

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

12-Month Growth Insight

Up 18.4% for houses (May 2024 - May 2025)

Up 18.93% for houses (past year)

Up 15.20% for houses (past 12 months)