SOLD
Sold on 12 Sep 2024 for $51,200

4 Karri Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 587m2
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Property Details for 4 Karri St, Russell Island

Building Type
Land
Land Size
587m2
Local Government
Redland
Lot/Plan
75/RP133628

Last Listing description (October 2024)

This 587sqm block is a prime opportunity for any discerning buyer wanting to build their dream island lifestyle moments from the Pacific Ocean.

Set in a quiet sought after location near to Rocky Point but still not far from all the amenities Russell Island has to offer including shops, cafes, clubs, medical centre, school, swimming and of course the ferry terminal with regular passenger and car ferries to the mainland.

Russell Island is the largest of the populated Southern Moreton Bay Islands and is only a 20 minute ferry ride to Redland Bay. Neighbouring islands include Macleay, Lamb and Karragarra Islands.

Entry level blocks in island locations such as this are being snapped up quickly, so if you are interested, please contact Paul Branagan - 0450 521881 - for more information.

Property History for 4 Karri St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$51,200
12 Sep 2024
  • 12 Sep 2024
    Sold for $51,200
  • 12 Jul 2024
    Listed for Sale $60,000
  • 23 Jan 2024
    Listed for Sale $60,000
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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 9,426 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 603 properties listed for sale, and 20 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 575 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Harcourts Property Centre
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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.