SOLD
Sold on 25 Jan 2024 for $95,000

6-8 Waratah Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1330m2
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Property Details for 6-8 Waratah St, Russell Island

Building Type
Land
Land Size
1330m2
Local Government
Redland
Lot/Plan
265/RP133218

Last Listing description (August 2024)

Welcome to a rare opportunity to own not one, but two adjacent blocks of land, each boasting a generous 665m² size. Located just on the outskirts of town, these prime parcels offer the perfect canvas for your dream home or a savvy investment.

Each block is a spacious 665m², providing ample space for a variety of building possibilities.

Pricing: The owner is offering each block at an attractive $55,000, making this an affordable investment opportunity.
Enjoy easy access via a sealed road, ensuring convenience for residents and visitors alike.
Why Consider This Property?

Whether you're dreaming of building your own home or looking for a smart investment opportunity, this double block provides the versatility you need.

Situated just on the outskirts of town, you'll experience the perfect blend of tranquility and accessibility. Embrace the benefits of suburban living with the convenience of nearby amenities.

At $55,000 per block, this offering presents an excellent value proposition for those looking to secure a prime piece of real estate without breaking the bank.

Act Fast! Opportunities like this don't come around often. Seize the chance to own a double block with easy access and room for your vision. Contact us today to schedule a viewing or for more information.

Property History for 6-8 Waratah St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$95,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $95,000
  • 08 Jan 2024
    Listed for Sale Sold
  • 30 Dec 2021
    Sold for $86,000
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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 9,469 properties. Over the last 5 years, Houses in Russell Island have seen a 92.31% increase in median value, while Units have seen a 99.83% increase. As at 31 July 2024:

  • The median value for Houses in Russell Island is $404,934 while the median value for Units is $492,743.
  • Houses have a median rent of $400.
There are currently 684 properties listed for sale, and 7 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 559 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Contact agent
Trent Jamieson
Show contact details
LJ Hooker Bay Islands
Preferred contact:
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.