Russell Island is surrounded by the natural beauty of Moreton Bay, known for its picturesque waterways, mangroves, and wildlife. The island itself is lush with vegetation and has a relaxed, island atmosphere.
Compared to mainland Brisbane and other nearby islands, Russell Island offers more affordable housing options. This makes it attractive to retirees, first-time homebuyers, and those seeking a quieter lifestyle away from the city.
The island provides opportunities for fishing, boating, kayaking, and other water-based activities. There are also parks, walking trails, and scenic spots for outdoor enthusiasts to enjoy.
As property prices on the mainland continue to rise, Russell Island presents an opportunity for property investment or for those looking to build their dream home in an idyllic island setting.
Overall, Russell Island appeals to those who appreciate nature, community, affordability, and a slower pace of life, while still offering the convenience of being close to a major city.
The Property
Vacant land
Land area 544 sqm
Lot 303 RP 129103
Zoned Residential
Overall, Russell Island appeals to those who appreciate nature, community, affordability, and a slower pace of life, while still offering the convenience of being close to a major city.
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 9,438 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:
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