SOLD
Sold on 23 Aug 2024 for $430,000

40 Ilumba Street
Russell Island QLD 4184

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 728m2
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Property Details for 40 Ilumba St, Russell Island

40 Ilumba St, Russell Island is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 728m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Russell Island in the last 12 months.

Building Type
House
Year Built
2007
Floor Size
119m2
Land Size
728m2
Local Government
Redland
Lot/Plan
125/RP131862

Last Listing description (September 2024)

40 Ilumba Street is a spacious 3-bedroom home situated on the north western side of Russell Island, just 3kms from the ferry terminal and shopping centre. Located in a beautiful, quiet neighbourhood on a large sized 728m2 block, you will enjoy water glimpses towards the bay from the western side of this property.

- 3 bedrooms with built in robes

- Massive living area with air-conditioning

- Stainless steel ceiling fans / lights throughout

- Compact kitchen with stainless steel appliances

- Stylish bathroom with shower and bath

- Separate toilet

- Large laundry room

- Gas cooking

- Gas hot water

- Large timber verandah on the northern and western sides

- 5,000L rainwater tank

- Off-street parking for two cars

- Large enclosed storage area underneath the house

- Access from two streets - front & rear

This really is the perfect home for those looking to relax and enjoy the beautiful island life. Alternatively, this could be the perfect opportunity to own a long-term rental on the ever-growing Russell Island with this property already having an excellent tenant in place.

Russell Island is only a twenty-minute ferry ride from the mainland (Redland Bay) with Brisbane city forty minutes north and the beautiful Gold Coast forty minutes south. Drive to Redland Bay Marina, jump on the ferry, walk 100m to Russell Island Real Estate and discover what awaits you for the next exciting chapter of your life!

Don't miss out on this amazing opportunity to reside in this beautiful part of the island!

Please call Geoff on 0418 194 313 to enquire today.

Property Code: 3388

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Property History for 40 Ilumba St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$430,000
23 Aug 2024
Listed for Rent
$276/w
11 Feb 2022
  • 27 Aug 2024
    Listed for Sale $440,000
  • 23 Aug 2024
    Sold for $430,000
  • 28 Apr 2024
    Listed for Sale $440,000
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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 9,463 properties. Over the last 5 years, Houses in Russell Island have seen a 96.09% increase in median value, while Units have seen a 99.83% increase. As at 30 September 2024:

  • The median value for Houses in Russell Island is $412,436 while the median value for Units is $485,454.
  • Houses have a median rent of $410.
There are currently 656 properties listed for sale, and 9 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 542 properties were sold in the past 12 months in Russell island.

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