SOLD
Sold on 28 Jun 2024 for $449,000

5 Pharlap Street
Russell Island QLD 4184

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 604m2
This property is currently on the market
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Property Details for 5 Pharlap St, Russell Island

5 Pharlap St, Russell Island is a 4 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 604m2 and floor size of 100m2.This Property is currently listed for sale with LJ Hooker Bay Islands

Building Type
House
Year Built
1980
Floor Size
100m2
Land Size
604m2
Local Government
Redland
Lot/Plan
37/RP134480

Last Listing description (October 2024)

Here is a rare opportunity to own a wonderful large high-set home in the heart of town, and for a bargain price.
This property has been renovated throughout, freshly painted, and ready to move into or rent out as investment with strong demand for rentals on the island. (we have vetted tenants waiting).

Sought after location in town overlooking the memorial park and set on a large corner block offering two street access

and views to Stradbroke Island.
Situated on a larger than average 604m2 block
Stairs leading up onto main entrance and deck area
Front door leads into an entrance foyer with rooms to each side, leading onto a lovely, air-conditioned living / dining area
Good size kitchen and Dishwasher installed
Four bedrooms, some rooms currently used for art, study and music
Family bathroom
Rear covered deck with lovely views over parkland
Downstairs there is a huge man cave, entertainment, storage areas and storage for boat
Garden sheds, water tank and lawned gardens and veggie patch
Solar hot water system
Separate Solar panels to ease energy bills
Fully compliant interconnecting smoke alarms
Modern timber look flooring
Heaps of storage space
Still, plenty of opportunity to put your own mark on this home

This is a great property in a top location and ticking all the boxes for a buyer or investor could wish for.
This delightful home is well worth viewing and larger homes like this are increasingly hard to find, dont miss out contact The Island agents 07 3409 2288.
Simon Gordon and the team 0448 884 625 are ready and waiting to offer you an island tour, in depth local knowledge and an informative viewing.

Check out all the latest Island listings here www.islandlife.net.au

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

A timeline of how this property has performed in the market
Last Sold
$449,000
28 Jun 2024
Listed for Rent
$450/w
29 Apr 2024
  • 28 Jun 2024
    Sold for $449,000
  • 22 Apr 2024
    Listed for Rent $450 / week
  • 16 Apr 2024
    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 9,429 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 617 properties listed for sale, and 17 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 568 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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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.