SOLD
Sold on 24 Jul 2024 for $87,500

50 Highland Ridge Road
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 582m2
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Property Details for 50 Highland Ridge Rd, Russell Island

Building Type
Land
Land Size
582m2

Last Listing description (July 2024)

50 Highland Ridge Road is located in a very sought-after area on the eastern side of Russell Island, just 500m from the famous Wahine Drive boat ramp and 5kms from the ferry terminal and shopping centre. This generously sized 582m2 block will afford you water views with the right build, looking straight towards the 2nd largest sand island in the world......the beautiful North Stradbroke Island.

Take advantage of this rare opportunity of a vacant block with not only power connected, but a water meter already installed as well!! The trees in the middle of the block have been habituated allowing for an easier and more economical removal for your build. These trees are positioned such that you could also build around them.

- Power pole and meter box already installed ($3,000)

- Water connected with meter already installed ($3,500)

- Colourbond fence down one side & across the back of the block

- Professionally cleaned Port-A-Loo toilet included

- 582m2 - 18.1m street frontage x 32.2m

- Conservation blocks ensuring no neighbours on the southern side

Satisfy your boating and fishing needs or simply take in the sights and enjoy the tranquility of this quiet neighbourhood. Don't want neighbours all around?? Well take on the added bonus of four council zoned conservation blocks to the southern side of you.

This really is the perfect piece of land to build your dream home. Alternatively, this could be a fantastic opportunity to build a long-term rental on the ever-growing Russell Island.

Russell Island is only a twenty-minute ferry ride from the mainland (Redland Bay) with Brisbane city forty minutes north and the beautiful Gold Coast forty minutes south. Drive to Redland Bay Marina, jump on the ferry, walk 100m to Russell Island Real Estate and discover what awaits you for the next exciting chapter of your life!

Please call Scott on 0450 522 399 to enquire today.

Property Code: 3381

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Property History for 50 Highland Ridge Rd, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$87,500
24 Jul 2024
  • 29 Jul 2024
    Listed for Sale $95,000
  • 24 Jul 2024
    Sold for $87,500
  • 13 Feb 2024
    Sold for $80,000
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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 9,400 properties. Over the last 5 years, Houses in Russell Island have seen a 116.18% increase in median value, while Units have seen a 99.83% increase. As at 28 February 2025:

  • The median value for Houses in Russell Island is $447,510 while the median value for Units is $542,634.
  • Houses have a median rent of $425.
There are currently 551 properties listed for sale, and 11 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 586 properties were sold in the past 12 months in Russell island.

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