SOLD
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Sold on 18 Sep 2024 for $80,000

3 Highland Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 562m2
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Property Details for 3 Highland St, Russell Island

Building Type
Land
Land Size
562m2
Local Government
Redland
Lot/Plan
24/RP127309

Last Listing description (September 2024)

3 Highland Street is a flat, cleared and elevated 562m2 block of land situated just 1km from the ferry terminal and shopping centre. With the heavy lifting already done via meticulously crafted house plans, the inclusion and installation of an approved sewerage system, a current soil test and completed surveying, this amazing block of land provides you with the option of a great head start, ensuring convenience and efficiency in bringing your vision of an ideal home to life. Alternatively, take advantage of this great start and design your own home to better suit your needs!

- Cleared, flat, ready for your build

- Approved sewerage system installed including trenches

- North facing

- 562m2

- All plans and approvals for proposed build are optional and are available upon request

This is a great buy with already so much money having been spent spent towards planning and approvals. BUT, you are not obligated to use the existing plans.

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

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 popular Airbnb or 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. Drive to Redland Bay Marina, jump on the ferry, walk 100m to Russell Island Real Estate and discover what awaits you for the next exciting chapter of your life!

Please call Geoff on 0418 194 313 to enquire today.

Property Code: 3461

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Property History for 3 Highland St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$80,000
18 Sep 2024
  • 18 Sep 2024
    Sold for $80,000
  • 14 Aug 2024
    Listed for Sale $89,000
  • 27 Apr 2022
    Sold for $96,000
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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 9,447 properties. Over the last 5 years, Houses in Russell Island have seen a 96.09% increase in median value, while Units have seen a 99.83% increase. As at 30 September 2024:

  • The median value for Houses in Russell Island is $412,436 while the median value for Units is $485,454.
  • Houses have a median rent of $410.
There are currently 669 properties listed for sale, and 13 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 542 properties were sold in the past 12 months in Russell island.

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Megan Donohue
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