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1 Wright Street
Russell Island QLD 4184

Bedrooms: -
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Land area: 4.69ha
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Prime Rural Property on Russell Island

Welcome to your slice of paradise on Russell Island, situated in one of the most sought-after blue-chip areas. This exceptional 4.69-hectare property boasts a high-elevated position overlooking the tranquil Canaipa Point Passage. With a substantial portion of the land already cleared and easy access via gated entrances, this property presents an ideal canvas for your dream home or development project.
Key Features
Tranquil Location
Enjoy the serene beauty of Russell Island from a secluded and elevated position, ensuring privacy and peace.
Ample Space With 4.69 hectares of land, there is plenty of room to create your dream lifestyle, whether it's a private retreat or a full-scale development.
Cleared Land Much of the land has already been cleared, offering ease of access and versatility for various construction or landscaping endeavors.
Easy Access The property is easily accessible via gated entrances, providing security and convenience for residents and visitors alike.
Potential Uses
Build your dream home in a tranquil setting where you can escape the hustle and bustle of city life and enjoy uninterrupted views of the surrounding natural beauty.
Development Opportunity: Explore the potential for a full-scale development to cater to residents seeking a premium island lifestyle. Whether it's luxury villas, eco-friendly retreats, or recreational facilities, the possibilities are endless.

Property Details for 1 Wright St, Russell Island

Building Type
Land
Land Size
4.69ha

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About Russell Island 4184

The size of Russell Island is approximately 17.8 square kilometres. It has 64 parks covering nearly 13.3% of total area. The population of Russell Island in 2011 was 2,473 people. By 2016 the population was 2,834 showing a population growth of 14.6% in the area during that time. The predominant age group in Russell Island is 60-69 years. Households in Russell Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Russell Island work in a labourer occupation. In 2011, 62.7% of the homes in Russell Island were owner-occupied compared with 63.8% in 2016.

Russell Island has 9,469 properties. Over the last 5 years, Houses in Russell Island have seen a 92.31% increase in median value, while Units have seen a 99.83% increase. As at 31 July 2024:

  • The median value for Houses in Russell Island is $404,934 while the median value for Units is $492,743.
  • Houses have a median rent of $400.
There are currently 684 properties listed for sale, and 7 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 559 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.