SOLD
Sold on 01 Oct 2024 for $65,000

5 Petunia Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 615m2
This property is currently on the market
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Property Details for 5 Petunia St, Russell Island

Building Type
Land
Land Size
615m2
Local Government
Redland
Lot/Plan
110/RP133220

Last Listing description (October 2024)

Priced at an affordable $68,500, this 615m² block offers an excellent opportunity to build your dream home or investment property. Located on the outskirts of town, the land provides a peaceful setting while still being close to essential services.

Key Features

615m² with Dimensions 20.4m frontage, 30.2m depth
Majority of the block is cleared with a few scattered trees, offering a balance of nature and space.

High, elevated location providing great potential for scenic views and excellent drainage. Town water, power, and NBN internet are all available in the street, making connection straightforward.

This is an ideal opportunity for those looking for a peaceful, well-positioned block ready for development. Don't miss out on this affordable piece of land!

Property History for 5 Petunia St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$65,000
01 Oct 2024
  • 01 Oct 2024
    Sold for $65,000
  • 17 Feb 2024
    Listed for Sale Negotiable $70,000
  • 23 Apr 2008
    Sold for $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 9,447 properties. Over the last 5 years, Houses in Russell Island have seen a 96.09% increase in median value, while Units have seen a 99.83% increase. As at 30 September 2024:

  • The median value for Houses in Russell Island is $412,436 while the median value for Units is $485,454.
  • Houses have a median rent of $410.
There are currently 669 properties listed for sale, and 13 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 542 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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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.