8/23 Bay Rd, Russell Lea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 1869m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Perfectly positioned to offer the ultimate in lifestyle and convenience, this two bedroom elevated apartment is set in a well-maintained security block in popular Bay Road.
Featuring a generous L-shaped lounge & dining opening to a covered balcony and access to the massive sunny courtyard with filtered views of the Bay. Separate kitchen overlooking gardens, tidy bathroom with separate bath & shower, two good-sized bedrooms, internal laundry and lock up garage complete this apartment.
Scope to renovate, enhance and add further value. Perfect for young professionals, investors or downsizers.
The size of Russell Lea is approximately 1 square kilometres. It has 6 parks covering nearly 1% of total area. The population of Russell Lea in 2011 was 4,779 people. By 2016 the population was 4,983 showing a population growth of 4.3% in the area during that time. The predominant age group in Russell Lea is 40-49 years. Households in Russell Lea are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Russell Lea work in a professional occupation. In 2011, 72.3% of the homes in Russell Lea were owner-occupied compared with 72.2% in 2016.
Russell Lea has 2,168 properties. Over the last 5 years, Houses in Russell Lea have seen a 86.54% increase in median value, while Units have seen a 27.53% increase. As at 31 July 2024:
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