23 Railway Parade, Nundah, QLD 4012 | Property Value & History | OnTheHouse
OFF MARKET

23 Railway Parade
Nundah QLD 4012

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 673m2
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Property Details for 23 Railway Pde, Nundah

23 Railway Pde, Nundah is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 673m2.

Building Type
Unit
Land Size
673m2
Local Government
Brisbane
Lot/Plan
1/BUP12872

Last Listing description (April 2020)

Located centrally in Nundah is this rendered brick complex of 4 x 2 bedroom units. Unit 1 is on ground level while the other 3 are across the top, all units have individual lock up garages and laundry combo's.

The complex has been renovated and well maintained and all have modern kitchens. And tidy bathrooms.


All units are currently leased into 2019 and gross weekly income is $1,210pw ($63k pa approx.), with room for growth.

Situated on a 673m2 block allows for extra GFA to be used, room to Value Add at the rear. (STBCCA) Zoning: LMR2 - LOW MEDIUM DENSITY RESIDENTIAL (2 OR 3 STOREY MIX) ZONE.

This would be a fantastic portfolio builder or super nest egg.
The Body Corp is set up and running if you require it.
This property is a walk in, ready to go investment!

The Complex;
* 4 x 2 Bedroom, 1 Bathroom
* 4 single lock up garages with laundry combo
* Easily Tenanted as property is within walking distance to train line
* Returning $63,000 pa gross approx..
* 673m2 flat block
* Plenty of on-street parking as well as off-street parking available


Location;
* Easy access to Bus and Main Line Train- Nundah Station
* Walk to the ever growing and ever popular Nundah Village
* Only minutes to Sandgate Road/Tunnels, Gateway and Brisbane Airport.

Contact Peter Tornabene on 0412 879 136 to inspect your future.

Property History for 23 Railway Pde, Nundah, QLD 4012

A timeline of how this property has performed in the market
  • 09 Jul 2019
    Listed for Sale Contact Agent
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About Nundah 4012

The size of Nundah is approximately 3.9 square kilometres. It has 16 parks covering nearly 17.5% of total area. The population of Nundah in 2016 was 12141 people. By 2021 the population was 13098 showing a population growth of 7.9% in the area during that time. The predominant age group in Nundah is 30-39 years. Households in Nundah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nundah work in a professional occupation.In 2021, 43.00% of the homes in Nundah were owner-occupied compared with 40.00% in 2016.

Nundah has 8,408 properties. Over the last 5 years, Houses in Nundah have seen a 83.57% increase in median value, while Units have seen a 137.40% increase. As at 30 April 2026:

  • The median value for Houses in Nundah is $1,589,189 while the median value for Units is $890,447.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 34 properties listed for sale, and 21 properties listed for rent in Nundah on OnTheHouse. According to Cotality's data, 433 properties were sold in the past 12 months in Nundah.

Suburb Insights for Nundah 4012

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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.