31 Rumbin StreetRussell Island QLD 4184
Property Details for 31 Rumbin St, Russell Island
Last Listing description (September 2024)
31 Rumbin Street is a 549m2 corner block situated towards the south eastern part of Russell Island in a quiet bush setting. Surrounded by conservation blocks ensuring your privacy, you are still just 6kms from the ferry terminal and shopping centre. Boating and fishing can be easily enjoyed with the Wahine Drive boat ramp 2kms away and Sandy Beach 3kms to the south.
This partially cleared, flat and level block is accessible from both Rumbin and Austral Streets and is priced to sell at just $55,000!! With the heavy lifting already done, the clearing can be easily finished off ready for your build!
There is power and water running by ready to be connected.
This is a great spot to enjoy the beautiful island life and could also 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.
Property Code: 3269
Property History for 31 Rumbin St, Russell Island, QLD 4184
- 27 Aug 2024Listed for Sale $55,000
- 27 Aug 2024Sold for $53,000
- 08 Jan 2024Listed for Sale $55,000
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0About 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 9,429 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.
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