SOLD
Sold on 28 Apr 2024 for $87,500

73-75 Channel Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1077m2
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Property Details for 73-75 Channel St, Russell Island

Building Type
Land
Land Size
1077m2
Local Government
Redland
Lot/Plan
1/SP174438

Last Listing description (May 2024)

An absolute find in the coveted new-build zone of the island, is this 1076m2 South-facing double-block, located close to the town centre, clubs and sportsgrounds.

73-75 Channel Street is a dormant land offering, waiting to be recharged. Shes been sitting quietly, looking for a donor to breathe life back into her. If you're after open space and want to live in nature, then your heart will skip a beat here.

Dont be fooled by the South-West aspect, as the backyard faces North and captures the sunshine all day, while the established trees provide afternoon shade and are a haven for the prolific birdlife.

The well-drained and slope to the street, with vacant land opposite and adjoining, plus a smattering of new homes creeping closer. This area is taking off and highly sought after by both investors and owner-occupiers.

Dont let this one flat-line, as these opportunities are unheard of in todays market.

Call Chris McGregor on 0420 555 997 to fast-track your future, or secure your small-acreage property on beautiful Russell Island.

Property History for 73-75 Channel St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$87,500
28 Apr 2024
  • 28 Apr 2024
    Sold for $87,500
  • 11 Mar 2024
    Listed for Sale $89,950 - 1071m2

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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 9,432 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 621 properties listed for sale, and 17 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 567 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.