5 Cestrum StreetRussell Island QLD 4184
Property Details for 5 Cestrum St, Russell Island
Last Listing description (May 2024)
5 Cestrum Street is a large sized 690m2 block situated on the north eastern part of the island, towards the beautiful Canaipa Point.
A little over 1km to the ferry terminal and shopping centre and just a 300m stroll to the RSL Club, you will be within walking distance to everything you need.
With a street frontage of 16.9m and a whopping 41.0m deep, this perfect location will provide you with plenty of options to build your "forever home". Alternatively, this could be a fantastic opportunity to build a long-term rental on the ever-growing Russell Island.
There is power, water and NBN running by ready to be connected, and the roads are sealed.
Great location + quiet neighbourhood + huge block = excellent value!!
Russell Island is only a twenty minute ferry ride to the mainland (Redland Bay) with Brisbane city forty minutes north and the beautiful Gold Coast forty minutes south.
To enquire please call Scott on 0450 522 399.
Property Code: 3164
Property History for 5 Cestrum St, Russell Island, QLD 4184
- 22 May 2024Listed for Sale $75,000
- 21 May 2024Sold for $70,000
- 21 Aug 2023Listed for Sale $75,000
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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 9,432 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.
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