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8 Nicholas Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 703m2
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Local Centre Zoning. Cleared. Prime Location. 703sqm

LOCAL CENTRE ZONING. COMMERICAL AND BUILD YOUR RESIDENCE TO LIVE AND WORK, INVESTORS DELIGHT.
•Wow stands out from the crowd. Be noticed from traffic passing by on High Street.
•2 minutes' walk to the ferry terminal.
•Within the constantly expanding business centre of the island.
• Cleared of trees, no extra costs to remove to get started on your plans. This is a huge savings.
•$175K Ono.
• Local Centre Zoning. Ideal opportunity to have the best of both worlds. See the information to help guide you.
•This block offers you more than just buying land on the island. Are you are wanting to add value with your business and a residential property this is for you.
•Large 703sqm cleared block.
• Rates $550 pq approx
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Property Details for 8 Nicholas St, Russell Island

Building Type
Land
Land Size
703m2

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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 9,428 properties. Over the last 5 years, Houses in Russell Island have seen a 106.63% increase in median value, while Units have seen a 99.83% increase. As at 30 November 2024:

  • The median value for Houses in Russell Island is $423,043 while the median value for Units is $486,371.
  • Houses have a median rent of $420.
There are currently 607 properties listed for sale, and 23 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 568 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Karen Dell
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Raine & Horne Springwood
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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.