FOR SALE
Under Contract

73 Laurel Street
Russell Island QLD 4184

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 534m2
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Modern Home with Great Investment Potential on Russell Island

This newly built home, established less than 4 years ago, offers a contemporary living experience with a few years remaining on the structural warranty period. With the Russell Island property market moving swiftly, newer homes and low-maintenance investment properties like this one are increasingly rare. Currently tenanted until March 2025, this home presents a solid investment opportunity, generating a healthy return with a weekly rental income of $420.
Impeccably maintained and up-to-date with rental inspections, the property features modern finishes and a neutral colour palette throughout. The layout includes a well-sized bedroom with built-in cupboards, plus a study that could serve as a third bedroom. The master bedroom features a private ensuite and large mirrored built-in cupboards for added convenience.
The home’s thoughtful design continues with carpets in the bedrooms, easy-care vinyl flooring in high-traffic areas, and tiled wet areas for durability and style. Additional features include a carport with an enclosed laundry and storage area, and a covered back alfresco, perfect for outdoor relaxation.
The fully fenced 6ft boundary provides both privacy and security. With minimal yard maintenance, you have the freedom to create your own garden retreat, and Russell Island’s rich soil offers excellent conditions for growing a variety of plants.
Whether you're looking for a modern home or a sound investment, this property ticks all the boxes. Don’t miss your chance to secure a prime piece of Russell Island real estate!
Jessica Wills 0430 075 345
Aaron Wills 0433 313 381
*NOTE: Photos are prior to property being tenanted*

Property Details for 73 Laurel St, Russell Island

73 Laurel St, Russell Island is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 534m2. The place is currently for sale with LJ Hooker Bay Islands.

Building Type
House
Land Size
534m2

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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 9,435 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 634 properties listed for sale, and 16 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 562 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Jessica Stalley
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Aaron Wills
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LJ Hooker Bay Islands
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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.