FOR SALE
$145,000

7 Canaipa Road
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 759m2
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COMMERCIAL BLOCK RIGHT IN TOWN!

This is a great opportunity to build your business on Russell Island. It is a few minutes' walk to the ferry terminal and the IGA shopping centre is 100m down the road.
The land is 759m2 with a 25.1m street frontage on the regularly driven Canaipa Road. Russell Island is flourishing with an influx of building and commercial land is becoming hard to find.
The Bay Islands is ever-growing and conveniently located just off southeast Queensland. It is only a twenty-minute ferry ride to the mainland (Redland Bay) with Brisbane city forty minutes north and the beautiful Gold Coast forty minutes south.
To enquire please call Geoff on 0418 194 313.
Property Code: 2953

Property Details for 7 Canaipa Rd, Russell Island

Building Type
Land
Land Size
759m2

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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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Geoff Walsh
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Russell Island Real Estate
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Disclaimer
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.