SOLD
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Sold on 01 Aug 2024 for $55,000

28 Bamboo Road
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 650m2
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Property Details for 28 Bamboo Rd, Russell Island

Building Type
Land
Land Size
650m2

Last Listing description (August 2024)

This vacant land is a great purchase opportunity! Located on a large corner block in town, it is a 20 minute walk to the local shops, school, amenities and ferry terminal. It's a generous size at 650m2, with almost 36.3m street frontage on Mountain View Street and 16.8m on Bamboo Road. Power and water are running past ready to be connected. Both roads are sealed.

This is the perfect opportunity to build your dream home with plenty of room for a large shed and all of your toys. Or, build a new home as an investment opportunity as there is a high demand for rentals in the ever-growing Russell Island. It is only a twenty-minute ferry ride to the mainland (Redland Bay) with Brisbane city forty minutes north and the beautiful Gold Coast forty minutes south.

To enquire please call Geoff 0418 194 313 .

Property Code: 3363

Property History for 28 Bamboo Rd, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$55,000
01 Aug 2024
  • 01 Aug 2024
    Sold for $55,000
  • 04 Apr 2024
    Listed for Sale $69,000
  • 09 Jul 2013
    Sold for $18,000
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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 9,398 properties. Over the last 5 years, Houses in Russell Island have seen a 110.44% increase in median value, while Units have seen a 99.83% increase. As at 31 January 2025:

  • The median value for Houses in Russell Island is $440,797 while the median value for Units is $495,770.
  • Houses have a median rent of $425.
There are currently 557 properties listed for sale, and 12 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 592 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Contact agent
Geoff Walsh
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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.