SOLD
Sold on 09 Apr 2024 for $40,000

50 Dempsey Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 556m2
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Property Details for 50 Dempsey St, Russell Island

50 Dempsey St, Russell Island is a 0 bedroom, 0 bathroom House. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Russell Island in the last 12 months.

Building Type
House
Land Size
556m2
Local Government
Redland
Lot/Plan
105/RP130246

Last Listing description (October 2024)

Nestled in the heart of Russell island township, an extraordinary opportunity awaits you with this stunning 556m² parcel of land. Positioned gracefully along a well-maintained sealed road, this property boasts a serene and picturesque bush-like setting, offering an idyllic backdrop for your dream home.

Key Features

Spanning an ample 556m², this generously sized block of land provides you with the canvas to bring your vision to life. Whether you're envisioning a cozy retreat or a spacious family home, the possibilities are endless.

The property's enchanting bush-like surroundings add a touch of natural charm and tranquility. Imagine waking up to the soothing sounds of nature and enjoying the beauty of your own private haven.

Priced at an incredibly low price the owner has set a compelling value that is simply unmatched in today's market. This is a rare opportunity to secure a prime piece of real estate at a price point that won't break the bank.

Why Act Now?

Opportunities like this don't come around often. The combination of size, location, and affordability makes this listing a standout in the current real estate landscape. The owner is motivated to sell, making this an ideal chance for investors, first-time homebuyers, or those looking to expand their property portfolio.

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Property History for 50 Dempsey St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$40,000
09 Apr 2024
  • 09 Apr 2024
    Sold for $40,000
  • 01 Feb 2024
    Listed for Sale Under Contract
  • 19 Dec 2021
    Sold for $51,888
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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 9,399 properties. Over the last 5 years, Houses in Russell Island have seen a 110.44% increase in median value, while Units have seen a 99.83% increase. As at 31 January 2025:

  • The median value for Houses in Russell Island is $440,797 while the median value for Units is $495,770.
  • Houses have a median rent of $425.
There are currently 558 properties listed for sale, and 12 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 593 properties were sold in the past 12 months in Russell island.

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