Thinking about buying in Railway Estate? Now could not be a better time, with 2048 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $424,000 with prices in this suburb ranging from $136,000 to $2,141,000. Railway Estate is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Railway Estate Real Estate Market Outlook

In Railway Estate there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Railway Estate is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Railway Estate provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Railway Estate requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Railway Estate

	109 boundary st, railway estate, qld, 4810	2	1		Offers over $425,000
	67 tenth av, railway estate, qld, 4810	2	1	2	UNDER CONTRACT - OFFERS OVER $410,000
	76 eleventh av, railway estate, qld, 4810	4	1	2	695000

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General Points of Interest

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