SOLD
Sold on 25 Feb 2024 for $65,500

9 Cestrum Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 690m2
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Property Details for 9 Cestrum St, Russell Island

Building Type
Land
Land Size
690m2
Local Government
Redland
Lot/Plan
6/RP130221

Last Listing description (August 2024)

Nestled in the heart of convenience and accessibility lies a vacant block, promising a multitude of opportunities for those seeking to build their dream abode or invest in a prime location. Situated centrally to all main amenities, this 690sqm parcel of land stands as a beacon of possibility, offering generous space for your envisioned building platform.

One of the most alluring aspects of this vacant block is its unparalleled proximity to essential facilities. A concrete footpath branching off Canaipa Point Drive seamlessly guides residents to the town centre shopping precinct and the public ferry terminal, both within convenient walking distance. Whether you crave a leisurely stroll or a quick errand run, the ease of access ensures that your daily tasks are effortlessly accomplished.

For those seeking moments of leisure and social engagement, the local RSL stands as a welcoming haven, also within walking distance from the property. Here, one can relish in the fellowship of the community, partake in events, or simply unwind in the friendly ambiance.

Moreover, the ample size of this block presents an enviable canvas for architectural creativity and design. With 690sqm at your disposal, there are endless possibilities to bring your envisioned home to life, whether it be a sprawling family retreat, a contemporary masterpiece, or a tranquil oasis amidst the urban bustle.

Furthermore, the convenience of power and water infrastructure already available in the street streamlines the building process, eliminating potential hurdles and ensuring a smooth transition from vision to reality.

In conclusion, this vacant block stands as a testament to the fusion of convenience, accessibility, and potential. Whether you are an aspiring homeowner or a savvy investor, the allure of this prime location is undeniable. With its central location, proximity to amenities, generous land size, and existing infrastructure, this block beckons as an unparalleled opportunity to carve out your slice of paradise in this vibrant community.

Jessica Stalley 0430 075 345
Aaron Wills 0433 313 381

Property History for 9 Cestrum St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$65,500
25 Feb 2024
  • 25 Feb 2024
    Sold for $65,500
  • 23 Jul 2021
    Sold for $45,000
  • 04 Nov 2019
    Sold for $24,000
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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 9,427 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 600 properties listed for sale, and 20 properties listed for rent in Russell island on OnTheHouse. According to CoreLogic's data, 576 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Contact agent
Jessica Stalley
Show contact details
LJ Hooker Bay Islands
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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.