44 Railway Street, Booval, QLD 4304 | House for sale | OnTheHouse
 
FOR SALE
BEST OFFERS BY 5.00PM ON 10 AUGUST

44 Railway Street
Booval QLD 4304

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 74m2
Land area: 1008m2
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A SMART DUAL INCOME INVESTMENT

Positioned on a generous 1,008m² allotment, this is a rare dual-income opportunity in a convenient location, offering immediate holding income, value-add potential and potential future development upside.
Comprising two x two-bedroom, one-bathroom timber workers' cottages configured as two flats, the property provides excellent flexibility. One cottage is currently tenanted at $350 per week, while the second is vacant and was previously leased at $360 per week, providing a potential combined rental return of $710 per week. The layout also offers the opportunity to occupy one residence while leasing the other.
The cottages are in original, well-worn condition and present an excellent opportunity for buyers looking to renovate, improve or simply retain as holding income while planning for the future. With a history of consistent occupancy and strong tenant demand, the property has demonstrated its investment appeal in a sought-after rental location.
Each cottage features a functional layout with high ceilings, separate kitchens, living areas, bathrooms and private outdoor areas. A shared laundry is located at the rear of the property. A single lock-up garage and ample off-street parking add to the property's practicality.
Positioned towards the front of the allotment, the existing dwellings leave a substantial expanse of land at the rear, the site offers potential for future redevelopment or additional dwellings, subject to the appropriate council approvals.
Conveniently located within walking distance of Booval Train Station, bus services and Booval Fair Shopping Centre, the property is also close to Ipswich Girls' Grammar School, other quality schools and the Ipswich CBD. Brisbane is less than 40 minutes away, making this an attractive location for investors, future owner-occupiers and developers alike.
Property Features:
* 1,008m² allotment
* Two x two-bedroom, one-bathroom timber workers' cottages configured as two flats
* One cottage currently leased at $350 per week
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Property Details for 44 Railway St, Booval

44 Railway St, Booval is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1900. The property has a land size of 1008m2 and floor size of 74m2. The place is currently for sale with REMAX ON POINT.

Building Type
House
Year Built
1900
Floor Size
74m2
Land Size
1008m2
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About Booval 4304

The size of Booval is approximately 1.7 square kilometres. There are 4 parks, covering nearly 5.1% of the total area. The population of Booval in 2016 was 2622 people. By 2021 the population was 2723 showing a population growth of 3.8% in the area during that time. The predominant age group in Booval is 50-59 years. Households in Booval are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Booval work in a professional occupation.In 2021, 44.60% of the homes in Booval were owner-occupied compared with 45.30% in 2016.

Booval has 1,596 properties. Over the last 5 years, Houses in Booval have seen a 135.76% increase in median value, while Units have seen a 199.93% increase. As at 31 July 2026:

  • The median value for Houses in Booval is $810,483 while the median value for Units is $623,502.
  • Houses have a median rent of $550 while Units have a median rent of $470.
There are currently 28 properties listed for sale, and 4 properties listed for rent in Booval on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Booval.

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Lea-Anne Rossiter
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REMAX ON POINT
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