Railway Estate
A 13.4% vacancy rate in a suburb where 42.0% of residents rent is the defining tension in Railway Estate, Townsville. The median house price of $386,000 sits well below Queensland state norms, attracting buyers priced out of coastal markets, yet the high vacancy signals soft immediate demand. Population sits at 2,871 across 4.13 km2, giving a density of 695 people per km2. Household income lands at the 48th percentile nationally, close to average, while Healthcare dominates employment at 22.1% of workers. The suburb is on an aging trajectory, with the senior share up 4.0 points over the decade.
Population
2,871
Median Age
36.0
Household IncomeiMedian weekly household income (ABS Census)
$1,529/wk
DAs (12 months)iDevelopment Applications lodged in the past year
6
Median House
$386K
Estimated from rent (2025)
The $386,000 median house price, estimated from 2025 rental data, places Railway Estate among the more affordable entry points in regional QLD. Monthly mortgage repayments average $1,430, and the mortgage-to-income ratio sits at 21.6%, comfortably below the 30% stress threshold. Separate houses account for 70.9% of dwellings, with semi-detached homes at 23.2% and apartments at just 5.6%. Bedroom composition skews toward two and three-bedroom properties, at 37.6% and 39.5% respectively, with four-plus bedroom homes at 20.2%. Outright owners represent 24.9% of households and mortgage holders 33.2%, meaning the suburb still carries active buyer momentum compared to many regional towns.
For Buyers
The $386,000 median house price, estimated from 2025 rental data, places Railway Estate among the more affordable entry points in regional QLD. Monthly mortgage repayments average $1,430, and the mortgage-to-income ratio sits at 21.6%, comfortably below the 30% stress threshold. Separate houses account for 70.9% of dwellings, with semi-detached homes at 23.2% and apartments at just 5.6%. Bedroom composition skews toward two and three-bedroom properties, at 37.6% and 39.5% respectively, with four-plus bedroom homes at 20.2%. Outright owners represent 24.9% of households and mortgage holders 33.2%, meaning the suburb still carries active buyer momentum compared to many regional towns.
For Investors
A 42.0% renter share gives landlords a broad tenant base, but the 13.4% vacancy rate, well above healthy levels, tempers expectations. Weekly rent averages $300, which against the $386,000 median implies a gross yield of roughly 4.0%, meaningfully higher than capital city benchmarks. Overseas migration is the primary population driver, adding 45 residents per year on average, while net internal migration runs at negative 13 annually. Population grew 3.9% over the decade to 2,871, and the trend forecast puts the broader area at around 5,726 by 2031 under a medium scenario. Development activity is modest at 5 applications in 12 months, including one lot-creation application, suggesting limited new supply pressure.
Development Activity
Total DAs
6
Last 12 Months
6
YoY ChangeiYear-over-year change in DA lodgements
—
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Railway Estate iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Townsville State High School
7-12 · 841 students
Railway Estate State School
Prep-6 · 179 students
Demographics
The median age of 36 is 4.0 years below the national figure, making Railway Estate younger than most Australian suburbs. Overseas-born residents account for 13.8% of the population, which is 7.8 percentage points below the national average, reflecting a predominantly locally born community. Ancestry is strongly Anglo-Celtic: English (1,149 residents) leads, followed by Irish (351) and Scottish (338). University qualifications reach 28.7% of residents, which is 1.4 points below the national figure, a small gap. Average household size is 2.2, slightly below the national average of 2.5. The volunteering rate of 15.2% suggests moderate civic participation, and 5.2% of residents (140 people) need daily assistance.
Age Distribution
Bedrooms
Dwelling Structure
70.9%
Houses
23.2%
Townhouse
5.6%
Apartment
Tenure
With 42.0% of households renting, Railway Estate is a renter-majority suburb, which is considerably higher than the national average. Outright owners at 24.9% and mortgage holders at 33.2% make up the remainder. The stock is dominated by separate houses at 70.9%, an unusually high proportion for a suburb this close to a regional CBD. Rent-to-income sits at 19.6%, below the 30% stress threshold, meaning renters here face a lighter financial burden than in many comparable markets. The 13.4% vacancy rate, however, points to oversupply in the rental market, which keeps downward pressure on rents. Two and three-bedroom homes each account for roughly 38-40% of dwellings, with four-plus bedroom homes at 20.2%.
Mortgage / mo
$1,430
Rent / wk
$300
HH Size
2.2
Personal Income / wk
$877
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
13.4%
Unoccupied
189
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.6%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.6%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
32.2%
Couples, no children
1,977
Total families
Economy & Employment
Healthcare is the largest employer at 22.1% of workers (227 people), consistent with Railway Estate's proximity to Townsville's hospital precinct. Education follows at 13.1% (135 workers) and Public Admin at 12.1% (124 workers), together giving the local economy a public-sector character. Construction contributes 9.3% and Hospitality 6.2%. By occupation, Professionals (331) lead, followed by Community and Personal Service workers (232) and Clerical and Admin workers (178). The unemployment rate is 4.6%, with 70 people recorded unemployed, and the full-time employment rate of 65.7% is solid. Real income growth over the decade was negative 1.5%, meaning purchasing power has slipped slightly compared to inflation, a drag on household confidence.
Unemployment
5.1%
Labour Force
3,177
Unemployed
161
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
65.7%
Part-time
29.7%
Participation
63.4%
Employed
1,450
Occupations
Top Industries
University
28.7%
Postgraduate
5.8%
Born Overseas
13.8%
Dwellings
1,222
Transport to Work
Car dependence is strong: 88.1% of residents drive to work, while only 0.8% use public transport and 3.6% walk or cycle. This reflects the suburb's regional location within Townsville rather than proximity to high-frequency transit. No schools are recorded within the Railway Estate boundary in the current data, so families rely on nearby institutions. The need-for-assistance rate of 5.2% (140 people) is moderate. Housing stress is low on both measures: rent-to-income at 19.6% and mortgage-to-income at 21.6% both sit below the 30% stress line. Household income at the 48th percentile nationally places the suburb squarely at the Australian median, meaning most residents face costs typical of national norms rather than elevated urban pressures.
Drive
88.1%
Public Transport
0.8%
Walk / Cycle
3.6%
Work from Home
N/A
Population Forecast
+0.5%/yr
(+28 people/yr)
EstablishedPopulation grew 3.9% over the decade, a slow but steady pace. The trend forecast adds roughly 28 people per year (0.5% annually), projecting around 5,726 residents in the broader area by 2031. Overseas migration is the primary growth driver at 45 net arrivals per year, offsetting net internal outflows of negative 13 annually. The gentrification score is 0, classified as not gentrifying, which aligns with flat real income growth of negative 1.5% and a stable affordability ratio. Affordability actually improved between 2011 (37.9%) and 2021 (33.6%), suggesting the suburb became relatively more accessible over the decade. Rent grew 7.1% over the period, above the rate of real income growth, squeezing renter budgets modestly.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+45
Net Internal / yr
-13
Gentrification Signal
Not gentrifying
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Railway Estate compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Railway Estate a good suburb to live in?
Railway Estate offers affordable housing at a $386,000 median price with mortgage-to-income at 21.6%, well below the 30% stress line. The suburb has a younger-than-average median age of 36 (4 years below national) and a healthcare-heavy economy. The main drawbacks are a high 13.4% vacancy rate and low public transport use at just 0.8%, meaning car ownership is essential.
What is the median house price in Railway Estate?
The median house price in Railway Estate is approximately $386,000, estimated from 2025 rental data. Weekly rent averages $300 and monthly mortgage repayments average $1,430. The mortgage-to-income ratio of 21.6% makes this one of the more affordable entry points in regional Queensland.
What schools are in Railway Estate?
No schools are recorded within the Railway Estate boundary in the current dataset. Families in the suburb rely on schools in neighbouring Townsville areas. Railway Estate has a university qualification rate of 28.7%, which is 1.4 percentage points below the national figure, suggesting a broadly educated adult population.
Is Railway Estate safe?
Detailed crime rate data is not available for Railway Estate in this dataset. As an indirect indicator, housing stress is low, with rent-to-income at 19.6% and mortgage-to-income at 21.6%, both below stress thresholds. Only 5.2% of residents (140 people) require daily assistance, consistent with a stable, working-age community with a median age of 36.
Is Railway Estate good for property investment?
Railway Estate offers a gross rental yield of roughly 4.0% based on $300 weekly rent and a $386,000 median price, higher than most capital city yields. However, the 13.4% vacancy rate signals oversupply in the rental market and may compress returns. Overseas migration adds 45 residents per year, supporting long-term demand, but net internal migration runs at negative 13 annually, limiting short-term upside.
How is Railway Estate's population changing?
Railway Estate's population of 2,871 grew 3.9% over the decade, with a trend of adding roughly 28 people per year (0.5% annually). Overseas migration is the primary driver at 45 net arrivals annually, offsetting internal outflows of negative 13 per year. The suburb is on an aging trajectory, with the senior share up 4.0 points over the decade and the working-age share down 2.0 points.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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