Russell Island QLD 4184

Houses Units

Here you can find what you need to know about Russell Island, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$207k Median Sale Price (National Average $485k) 1689th In QLD
2.23% Median Price Change (1 yr) (National Average 4.30%) 854th In QLD
$250pw Median Rent (National Average $395) 1371st In QLD
6.3% Median Gross Yield (National Average 4.24%) 264th In QLD
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Properties sold 133
Average discounting -14.68%
Average Days on Market 128
Stock on Market 204 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Russell Island, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Russell Island, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Russell Island, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Russell Island


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State Auction Clearance Rates - March 2019

Auctions Clearance rate
QLD 104 38%
ACT 74 49%
NSW 638 54%
NT 9 12%
SA 105 53%
TAS 6 0%
VIC 920 52%
WA 28 26%

Local Schools


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Suburb Information

Russell Island, QLD 4184

Part of: Redland Council No data available

The size of Russell Island is approximately 17.8 square kilometres. It has 4 parks covering nearly 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. (source: Australian Bureau of Statistics)

View all properties for sale in Russell Island

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Russell Island   for Houses in last 12 months


There have been 138 Houses sold in Russell Island in the past 12 months with a median sale price of $203K, up 1.25% annually. It takes on average 129 days to sell with vendor discounting of -11.75%.

Streets in Russell Island

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Lamb Island QLD, 4184 33.33% $240,000 $230pw 5.0% View Suburb Profile