If your budget is small but you would like to own some real estate then this block will tick your boxes.
Build your first home, first investment property or retirement/holiday house. Alternatively hold and land bank. If you are in the market for a block to build on, quality builders are now building on the island with great investment opportunity also ideal for a first home owner to take advantage of the first home owners grant.
The block:
Size: 594 sqm
Frontage: 18.5 m
Depth: 32.2 m
The area:
Distance to Ferry Terminal: 4.7klm or 7 min drive
Distance to Shopping precinct: 4.5klm or 7 min drive
Distance to Wahine Boat Ramp: 1.1 klm or 3 min
Distance to Sandy Beach: 3.6klm or 5 min drive
Call now to inspect. Ferry pick up available on request.
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
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 9,432 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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