FOR SALE
$55,000 Bargain block

58 Lau Street
Russell Island QLD 4184

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Corner block. Great location. Will be tidy for new owner

I hear it all the time. Buyers who want to land bank. Buyers who want the island difference.Buyers wanting to have a property portfolio of rental properties in great location. Holiday homes. I know you will be excited to discover this block as I am excited to match this block to your needs.
Affordable living that you just cant compare. You will need to have a budget of $55K, this is the price owner is clearing the shrubs and tidying it up even better than the photos currently show. Watch this space, this block will sell fast. I live on the island and know exactly why buyers will see the huge potential offered with this block.
Prime wanted location with water close by.Breeze and the birds giving the new owner the chance to enjoy island living at a fraction of the price. This block is being sold cheap.
Bargain price ,owners will accept $55K as they have priced it honest not over inflated to go back and forth, save yourself the time and present your offer to own we have done the work for you to know this is a great deal for the wanted area it is located in. Top end of island, lovely walking area to many island facilities. See map for more details
You will own a corner block 541sqm .See photos for measurements.
Power poles on your side of the street, water is connect to the street, bitumen road.
Look forward to hearing from you,
I live, love and work local Russell Island
Karen Dell 0400215190

Property Details for 58 Lau St, Russell Island

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Land

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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 9,432 properties. Over the last 5 years, Houses in Russell Island have seen a 91.96% increase in median value, while Units have seen a 99.83% increase. As at 31 October 2024:

  • The median value for Houses in Russell Island is $413,334 while the median value for Units is $436,656.
  • Houses have a median rent of $400.
There are currently 621 properties listed for sale, and 17 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 567 properties were sold in the past 12 months in Russell island.

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Karen Dell
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