6 Railway Street, Alderley, QLD 4051 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
For Sale

6 Railway Street
Alderley QLD 4051

Bedrooms: 5
Bathrooms: 5
Car spaces: 5
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Five Apartments on One Title | Multiple Income Streams | Future Potential

An exciting opportunity to secure a multi-income residential investment in the well-connected suburb of Alderley, comprising five one-bedroom apartments on a single title.
Offering a combination of renovated accommodation and further scope to add value, this property presents an appealing opportunity for investors looking to expand their portfolio with an established five-apartment complex.
Four of the upper-level apartments have been renovated, featuring updated kitchens and ensuites, fresh paint, new flooring, modern lighting, air-conditioning, ceiling fans and blinds. The kitchens have also been upgraded with new cooktops and stoves, providing refreshed, practical living spaces for tenants.
Unit 5, located downstairs, remains in original condition and offers potential for further improvement. Each apartment includes a practical kitchen and living area, while parking is available underneath the building, with Unit 5 also benefiting from direct access to the garage.
Conveniently positioned within walking distance of Alderley train station, bus services, Coles and the local shopping precinct, the property offers easy access to everyday amenities and transport connections into Brisbane CBD.
Property Highlights:
- Five one-bedroom apartments on one title
- Four renovated upper-level apartments
- Unit 5 downstairs, in original condition with scope to improve
- Updated kitchens and ensuites in the four renovated apartments
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Property Details for 6 Railway St, Alderley

6 Railway St, Alderley is a 5 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces. The place is currently for sale with SPACE Property Paddington.

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About Alderley 4051

The size of Alderley is approximately 2.5 square kilometres. There are 11 parks, covering nearly 26.2% of the total area. The population of Alderley in 2016 was 6117 people. By 2021 the population was 6748 showing a population growth of 10.3% in the area during that time. The predominant age group in Alderley is 20-29 years. Households in Alderley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alderley work in a professional occupation.In 2021, 57.60% of the homes in Alderley were owner-occupied compared with 56.20% in 2016.

Alderley has 3,694 properties. Over the last 5 years, Houses in Alderley have seen a 46.38% increase in median value, while Units have seen a 104.10% increase. As at 30 September 2026:

  • The median value for Houses in Alderley is $1,692,861 while the median value for Units is $861,591.
  • Houses have a median rent of $778 while Units have a median rent of $610.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Alderley on OnTheHouse. According to Cotality's data, 117 properties were sold in the past 12 months in Alderley.

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Kevin Do
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SPACE Property Paddington
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