Russell Island at a glance
5,468
People
$187,500
Median sale
$464/wk
Median rent
12.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
QLD › Russell Island › Grevillea St
$610,000
For sale
Asking
$475,000
Last sold
22 June 2025
2
Bedrooms
2
Bathrooms
2
Car spaces
546 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$610,000
Asking · $1,117/m² of land
Last recorded sale $475,000 (22 June 2025).
Local land rate: recorded House sales in Russell Island (last 5 years) with land size have a median of $832/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Russell Island at a glance
5,468
People
$187,500
Median sale
$464/wk
Median rent
12.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs Russell Island
+225.3%
Median sale
Suburb $187,500
-8.91 pp
Gross yield
Suburb 12.87%
Suburb median $187,500 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$26,425 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Russell Island's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data unavailable for this jurisdiction (no_adapter:QLD)
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoning is not available (no_adapter). A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (no_adapter). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $464/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownZoning is not available (no_adapter).
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (no_adapter). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Russell Island at a glance
5,468
People
$187,500
Median sale
$464/wk
Median rent
12.87%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Redlands Coast RealtyWhy wait months to build, organise trades and pay for all the extras when it's already been done for you?
Completed in 2023 by a highly regarded local builder and still under QBCC warranty, this immaculate north-facing residence combines the peace of mind of a near-new home with the practicality and value of a property that's been thoughtfully finished from day one. From the 6.6kW solar system, fully fenced yard and concrete driveway to the established landscaping, garden shed on a slab, plantation shutters and quality security screening, these are the upgrades that often come after a new build—and at considerable expense.
Positioned on a quiet, tar-sealed street surrounded by other quality homes, 10 Grevillea Street enjoys a friendly neighbourhood and an exceptionally convenient north-end location. The Russell Island ferry terminal, supermarket, medical centre and village shops are all just 1.3km away (around a 3-minute drive).
Step inside to discover a bright, welcoming home that's beautifully finished with easy-care floor tiles throughout the living areas and plush carpet to both bedrooms. Split-system air conditioning to both the living area and main bedroom ensures year-round comfort, while plantation shutters, security screens and insect screens throughout the home provide privacy, security and excellent natural ventilation.
The open plan living and dining area flows effortlessly to the spacious tiled alfresco through sliding doors, creating an ideal indoor-outdoor entertaining space. Whether it's a casual family BBQ or entertaining friends, the layout makes it easy to enjoy Queensland's outdoor lifestyle.
Overlooking the living area, the stylish kitchen is both functional and elegant, featuring engineered stone benchtops, soft-close drawers, a dishwasher, generous preparation space and room for a large family-sized refrigerator.
Working from home or managing the household is made easy with the built-in study nook, complete with a desk and overhead storage cupboards to keep everything organised.
The spacious main bedroom is privately positioned and features sliding door access to the alfresco, where thoughtfully designed privacy screening creates a secluded retreat. A walk-in robe leads through to the beautifully appointed ensuite featuring his and hers vanities, while the second bedroom is serviced by a stylish main bathroom.
Practicality continues throughout the home with a generous laundry offering an oversized linen and storage cupboard, ensuring there's plenty of room to keep everything neatly tucked away.
The electric-opening garage with internal access means you'll stay dry bringing the groceries inside, while providing secure parking for your island vehicle.
Outside, the backyard has already been established with lawn, garden beds and space for children or pets to play safely within the fully fenced yard. The garden shed provides additional storage for tools and gardening equipment, leaving the garage free for the car.
Whether you're looking for a permanent home, an island escape or a quality investment, this is a property that offers outstanding value. The expensive finishing touches have already been completed—simply move in and start enjoying island life from day one.
Property Features
- Completed in 2023 by quality local builder
- 2 bedrooms | 2 bathrooms | Single garage with electric door and internal access
- North-facing aspect
- 6.6kW solar power system
- Plantation shutters throughout
- Security screens and insect screening to doors and windows
- Split-system air conditioning to living area and main bedroom
- Tiled living areas with carpeted bedrooms
- Stylish kitchen with engineered stone benchtops, dishwasher, soft-close drawers and space for a large fridge
- Built-in study nook with desk and storage cupboards
- Main bedroom with walk-in robe, ensuite with double vanity and direct alfresco access
- Spacious tiled undercover alfresco overlooking the backyard
- Privacy screening outside the main bedroom sliding door
- Large laundry with oversized linen/storage cupboard
- Fully fenced yard
- Landscaped gardens and lawn
- Garden shed on concrete slab
- Concrete driveway
- Quiet, tar-sealed street surrounded by quality homes
- Approximately 1.3km (3-minute drive) to the ferry terminal, supermarket, medical centre and village amenities
If you've been considering building, this home deserves your attention. It offers all the benefits of a modern, near-new home without the additional time, expense and effort of completing the fencing, solar, landscaping, window furnishings and other finishing touches yourself.
Contact listing agent today to arrange your private inspection and complimentary transport from the 50 cent passenger ferry.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here.
Property Code: 3473
Listing description written by Kat Gawlik, Redlands Coast Realty — reproduced as published, not verified by Districts.
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