Discover the perfect opportunity to build your dream home on this beautiful block of land located on the north end of Russell Island. This prime piece of real estate is not far from the IGA shopping center, ensuring convenience for all your shopping needs.
Key Features
Ideal Location: Situated on the north end of Russell Island, just a short distance from the IGA shopping center.
Sealed Road Access: Enjoy easy access with a sealed road leading directly to the property.
Water Views: Wake up to beautiful water views from your future home.
Wide Frontage: Boasting a generous 25.2m frontage, perfect for building a wider home with more space and design flexibility.
Elevated Position: High elevation provides great drainage and the potential for capturing stunning views and sea breezes.
Affordable Price: Listed at an attractive price of $85,000, this block offers excellent value for a prime location on the island.
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:
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