8 Maher AvenueRussell Island QLD 4184
Property Details for 8 Maher Ave, Russell Island
Last Listing description (October 2024)
Residential block on tranquil Russell Island 20 mins off the Queensland coast.
Situated in the picturesque waters of Moreton Bay and only 40 minutes to Brisbane in the North and not far to the Gold coast in the south. The Island is sandwiched between the Redland Bay mainland and North Stradbroke Island.
The island is 8km in length and 3ks wide with a population of approximately 3698 and has grown %30 in the last 5 years. Russell Island is accessible by both car and passenger ferries running continuously through out the day seven days a week.
Electricians, builders and plumbers are resident on the Island, making the island somewhat self-supportive. The island is great for fishing, mud crabbing, boating and has an abundance of wildlife including the very unique Curlew birds.
Services on the Island include power, phone, broadband, water and garbage collection and No 8 Maher Avenue is 90% cleared of trees and has the power & water in the street that just needs to be connected.
The Islands Ferry terminal has been upgraded to a bigger pontoon due to the growing popularity of the island.
This is your chance to buy and live an Island life style.
Property History for 8 Maher Ave, Russell Island, QLD 4184
- 17 May 2024Sold for $53,000
- 25 Mar 2024Listed for Sale $67,000
- 20 Aug 2021Sold for $36,000
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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 9,432 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.
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