111 Railway Avenue, Railway Estate, QLD 4810 | Commercial for sale | OnTheHouse
FOR SALE
$3,000,000

111 Railway Avenue
Railway Estate QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3ha
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Waterfront Residential Development Opportunity

This waterfront development site is located only 3 kilometers from the Townsville CBD in one of the City's most desirable postcodes.
Features include:
• 3.37 hectare total site area
• Approximate usable area of 2.02 hectares
• Located on the bank of the Ross River
• Previous development approval for 104 residential units
• Walking distance to exciting landmarks such as Queensland Country Bank Stadium and the V8 Supercar street circuit
Railway Estate, a suburb of Townsville located approximately 3.4 km from the CBD, is experiencing significant growth in its property market as of early 2026.
The suburb is popular with professionals and young families, offering a mix of heritage and modern homes near the Ross River.
Townsville is the 13th-largest city in Australia and is home to the largest population in Northern Australia. The Townsville Region is home to one of the most diverse economies in Australia, with a Gross Regional Product of $15.8 billion and a population forecast to grow 52% to 306,053 residents by 2046. There is currently $27 billion in infrastructure projects underway in this region.
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Property Details for 111 Railway Ave, Railway Estate

Building Type
Commercial
Land Size
3ha
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About Railway Estate 4810

The size of Railway Estate is approximately 4.0 square kilometres. There are 9 parks, covering nearly 14.3% of the total area. The population of Railway Estate in 2016 was 2852 people. By 2021 the population was 2871 showing a population growth of 0.7% in the area during that time. The predominant age group in Railway Estate is 20-29 years. Households in Railway Estate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Railway Estate work in a professional occupation.In 2021, 56.70% of the homes in Railway Estate were owner-occupied compared with 55.00% in 2016.

Railway Estate has 1,800 properties. Over the last 5 years, Houses in Railway Estate have seen a 94.54% increase in median value, while Units have seen a 119.80% increase. As at 31 August 2026:

  • The median value for Houses in Railway Estate is $635,345 while the median value for Units is $424,725.
  • Houses have a median rent of $580 while Units have a median rent of $470.
There are currently 21 properties listed for sale, and 12 properties listed for rent in Railway estate on OnTheHouse. According to Cotality's data, 98 properties were sold in the past 12 months in Railway estate.

Suburb Insights for Railway Estate 4810

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Stacie Stockham
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Troy Townsend
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Ray White Commercial Townsville
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.