Railway Estate

POSTAL CODE: QLD, 4810

HOUSE

UNIT

RAILWAY ESTATE, 4810 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling RAILWAY ESTATE, 4810 values up and netting property investors a capital gain of 20.27% for the past year.

Investors saw the median home price rise to $597,750.

Profits due to an upward trend in home prices in the suburb averaged 17.76% per annum over a 3-year period.

RAILWAY ESTATE now ranks at the 395th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in RAILWAY ESTATE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $550 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In RAILWAY ESTATE, homes and units usually stay on listing for an average of 36.7 days.

In 2016, 88 properties were sold in RAILWAY ESTATE during the past year, making it the 45th most active market in QLD based on total real estate transactions.

RAILWAY ESTATE ranks 32nd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

RAILWAY ESTATE, 4810 has a capital gain of 15.15% for the past year, which is lower than average compared to its 137.5% growth within a five-year period.

With the median home price in RAILWAY ESTATE sitting at $380,000, and the average rent at $450, property owners could potentially earn a 6.16% increase in gross rental yield.

Property investors have seen a 2.43% gain in RAILWAY ESTATE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on RAILWAY ESTATE, 4810 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 15.15%.

A survey of average capital gains or median home price increase in suburbs across the country shows that RAILWAY ESTATE, 4810 obtained a 19.25% growth over a ten-year period. It ranks 1443rd on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$597,750	$380,000
Growth Report
Median Quarterly	4.75%	2.43%
Median 12 month	20.27%	15.15%
Median 3 years	53.27%	82.69%
Median 5 years	70.79%	137.5%
10 years average annual	6.94%	19.25%
Weekly media advert. rent	$550	$450
Time on Market	36.7 days	19.7 days
Gross Rental Yield Percent	4.78%	6.16%

Demographics (Median Values)*

Total Population 2813

Weekly Household Income 1003

Household Size 2.20

Average Age 37

Monthly Loan Repayment 1083

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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