Property Overview:
Nestled on one of the most coveted streets in town, 122 Laurel Street presents an exceptional opportunity to own a slice of paradise at an unbeatable price. This flat block of land boasts serene surroundings and enjoys refreshing breezes from the nearby water, making it an ideal location to build your dream home or investment property.
Key Features
Situated on Laurel Street, known for its tranquility and prestige, this property offers the quintessential island lifestyle.
Priced at just $69,500, this is an incredible opportunity to secure valuable land in a sought-after area at an affordable price point.
The land features a flat terrain, providing ease and convenience for construction, landscaping, and future development.
Experience the gentle coastal breezes that sweep through the area, enhancing the ambiance and comfort of the property.
Enjoy the convenience of a sealed road, ensuring easy accessibility to the property and nearby amenities.
Property Details
Address: 122 Laurel Street, Russell Island
Land Size 531m2
Zoning Residential
Services Town power, water and nbn
Ideal for building your dream home, vacation retreat, or investment property.
Location Highlights
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 9,439 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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