OFF MARKET

11 Kurrajong Road
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 536m2
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Property Details for 11 Kurrajong Rd, Russell Island

Building Type
Land
Land Size
536m2
Local Government
Redland
Lot/Plan
84/RP128017

Last Listing description (May 2024)

Discover the potential of this 536m2 corner block situated on the corner of Kurrajong Rd and Coombah Drive. This prime location is well on its way to becoming your dream home, with essential groundwork already completed.

The property comes equipped with valuable amenities, including a newly installed septic system (valued at approximately $15,000), water connection (up to $3,500), and power already connected (at an estimated cost of $3,000). A survey (costing $1,000) and soil test (approx $800) have been conducted, providing a solid foundation for your future home.

Furthermore, the property boasts plumbing approval and a building permit for a straightforward 1-bedroom container home or a similar structure, complete with a garage/shed. With approved plans and a septic system in place, you can apply for a temporary home permit, allowing you to reside on-site during the construction process.

All that remains is to engage a private building certifier, commence construction, and obtain the final sign-off. This property is priced attractively at $85,000, offering an excellent opportunity for those wanting to fast track their ideal island retreat.

For serious inquiries, additional information, or to arrange a viewing, please contact local sales agent Kat Gawlik at 0497887953. Act now and turn this promising property into your island haven!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here.

Property Code: 2663

Property History for 11 Kurrajong Rd, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$50,000
30 Mar 2022
  • 16 Jan 2024
    Listed for Sale $85,000 septic, water, power
  • 30 Mar 2022
    Sold for $50,000
  • 11 Jan 2022
    Listed for Sale REDUCED TO SELL $53,650

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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 9,437 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 633 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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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.