3/55 Railway TerraceMilton QLD 4064
Property Details for 3/55 Railway Tce, Milton
Last Listing description (October 2023)
PRIME BRISBANE METROPOLITAN RETAIL INVESTMENT INTEGRATED WITH THE MILTON RAILWAY STATION - SITUATED ONLY 1KM FROM THE CBD
Centrally located just 1km from the Brisbane CBD, integrated with the Milton Railway Station and positioned in close proximity to Suncorp Stadium, the XXXX Brewery, and the Park Road high street retail dining precinct.
Located within a densely populated residential growth corridor with an estimated 1,795 units recently completed and a further 690 units planned, showing strong population growth projections of 16%* by 2031.
Highly sort after trophy investments underpinned by some of Australia's most recognized retailers, strategically located in one of Brisbane's most popular inner-city precincts rarely offered in today's market.
Secure long-term leases underpinned by national retailers with annual increases up to 3.5% p.a. Along with significant depreciation benefits offering a tax affective income stream and high growth income profile
Affluent trade area with household incomes 26% higher than the Brisbane average. Strong food and beverage spending represents a 56% premium compared to the Brisbane average.
A continued low interest rate environment, combined with a volatile share market, supports passive investors looking to capitalise on strong, secure covenants and the annuity-style returns offered.
*Approx.
FOR SALE VIA AUCTION ON WEDNESDAY 25TH AUGUST 2021 AT 11AM (AEST).
Property History for 3/55 Railway Tce, Milton, QLD 4064
- 25 Aug 2021Sold for $2,150,000
- 29 Jul 2021Listed for Sale CONTACT EXCLUSIVE AGENTS
- 10 Aug 2018Sold for $2,200,000
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About Milton 4064
The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2016 was 2274 people. By 2021 the population was 3144 showing a population growth of 38.3% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation.In 2021, 29.50% of the homes in Milton were owner-occupied compared with 36.30% in 2016.
Milton has 2,972 properties. Over the last 5 years, Houses in Milton have seen a 48.28% increase in median value, while Units have seen a 81.79% increase. As at 31 March 2026:
- The median value for Houses in Milton is $1,949,531 while the median value for Units is $853,235.
- Houses have a median rent of $938 while Units have a median rent of $680.
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