SOLD
Sold on 24 Jun 2024 for $50,000

46 Highland Ridge Road
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 582m2
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Property Details for 46 Highland Ridge Rd, Russell Island

Building Type
Land
Land Size
582m2
Local Government
Redland
Lot/Plan
743/RP122555

Last Listing description (October 2024)

Discover an incredible opportunity to own a prime piece of land on Russell Island, located in a highly elevated area offering water views towards Stradbroke Island. This 582m² block is not only a fantastic investment but also a chance to build your dream home in a serene and picturesque setting.

Enjoy stunning views towards Stradbroke Island from this elevated position. A spacious 582m² block, perfect for a variety of building designs.

Positioned on a sealed road for easy access. Light timber to clear, allowing you to maintain some natural surroundings while preparing your build.

Town water and power are readily available, ensuring a smooth development process. NBN internet access is available, making it perfect for remote work or staying connected.

Listed at an incredibly low $54,950, offering exceptional value for such a desirable location.
Why Russell Island?

Russell Island is renowned for its tranquil lifestyle, beautiful natural scenery, and close-knit community. It's an ideal location for those looking to escape the hustle and bustle of city life while still enjoying modern conveniences. Whether you're planning to build a holiday home, a permanent residence, or an investment property, this block offers the perfect foundation.

Property History for 46 Highland Ridge Rd, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$50,000
24 Jun 2024
  • 24 Jun 2024
    Sold for $50,000
  • 04 Apr 2024
    Listed for Sale Not Disclosed
  • 07 Oct 2023
    Listed for Sale Not Disclosed
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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 9,432 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 623 properties listed for sale, and 17 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 570 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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LJ Hooker Bay Islands
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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.