FOR SALE
$50,000

8 Bowen Avenue
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 546m2
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$50K BARGAIN!

Located in a quiet neighbourhood amongst a bush setting, this 546m2 block presents as a great opportunity to get you into the property market. It has been cleaned by way of a forest mulcher and is ready for you to tackle your project.
Situated on the western side of Russell Island, you will find yourself just 2.5kms from the famous Wahine boat ramp and 3.5kms to the north of Sandy Beach Reserve. Need to get to the ferry terminal and shopping centre? Well, that's just a 5-1/2km drive!
There is power, water and NBN water running by ready to be connected and lots of light trees make for an easier and cheaper clear! Sit back and enjoy the sounds of nature!
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!
Property Code: 3402

Property Details for 8 Bowen Ave, Russell Island

Building Type
Land
Land Size
546m2

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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 9,426 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 603 properties listed for sale, and 20 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 575 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Jane Dorrington
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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.