SOLD
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Sold on 24 Jan 2024 for $55,000

27 Murray Crescent
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 567m2
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Property Details for 27 Murray Cres, Russell Island

Building Type
Land
Land Size
567m2
Local Government
Redland
Lot/Plan
113/RP135033

Last Listing description (January 2024)

Welcome to 27 Murray Crescent, a beautiful corner block situated just 1km from the famous Wahine Drive boat ramp.

Located on the eastern side of the island and just 6kms from the ferry terminal and shopping centre, this 567m2 corner block is mostly cleared, elevated and one street back from the water. The right build will provide you with beautiful views towards North Stradbroke Island.

$55,000 doesn't usually buy you a mostly cleared block in this location so be quick!

There is power, water and NBN running by ready to be connected.

This really is the perfect piece of land for those looking to relax and enjoy the beautiful island life. Alternatively, this could be the perfect opportunity to build a long-term rental on the ever-growing Russell Island.

Russell Island is only a twenty-minute ferry ride from the mainland (Redland Bay) with Brisbane city forty minutes north and the beautiful Gold Coast forty minutes south.

Please call Scott on 0450 522 399 to enquire today.

Property Code: 3254

Property History for 27 Murray Cres, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$55,000
24 Jan 2024
  • 24 Jan 2024
    Sold for $55,000
  • 21 Dec 2023
    Listed for Sale $55,000
  • 03 Jul 2009
    Listed for Sale $120,000
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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 9,432 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:

  • 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 622 properties listed for sale, and 17 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Contact agent
Scott Cooper
Show contact details
Russell Island Real Estate
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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.