Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
QLD › Cleveland › Russell St
$995,000
For sale
Asking
3
Bedrooms
1
Bathrooms
3
Car spaces
759 m²
Land
Districts View
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
$995,000
Asking · $1,311/m² of land
No recorded sale for this property.
Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Vs Cleveland
-21.7%
Median sale
Suburb $1,270,000
+0.77 pp
Gross yield
Suburb 2.77%
Suburb median $1,270,000 from 81 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$45,566 on top of the price (4.6% 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 Cleveland'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 is being calculated
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
QLDPlanning layers have not been retrieved for this property yet. 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 (pending). 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 $677/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 3.5%. 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
UnknownPlanning layers have not been retrieved for this property yet.
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 (pending). 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
UnknownDevelopment applications have not been queried 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
Cleveland at a glance
17,053
People
$1,270,000
Median sale
$677/wk
Median rent
2.77%
Suburb gross yield
Median sale from 81 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coronis Inner SouthWelcome to 175 Russell Street, Cleveland - a solid family home offering space, practicality and outstanding potential in one of Cleveland's most convenient locations.
Positioned on a generous 759m² allotment, this well-maintained home is perfect for growing families, first-home buyers, renovators or investors looking to secure a property in a highly sought-after Bayside suburb.
Upstairs, you'll find three well-proportioned bedrooms, each complete with built-in wardrobes. The main bedroom provides comfortable accommodation, while the home features 2.4-metre ceilings, large sliding windows that allow plenty of natural light, and a functional layout designed for everyday living.
The spacious living areas are complemented by hardwood timber flooring beneath the existing carpet, providing an exciting opportunity to restore the home's original character. The kitchen is equipped with an electric cooktop, while the separate bathroom and toilet add convenience for busy households.
Downstairs offers exceptional versatility, featuring a large rumpus room, second toilet, laundry, and a single lock-up garage with an adjoining workshop, making it ideal for tradies, hobbyists or additional storage.
Outside, the property continues to impress with established gardens, a 3m x 3m shed, tile roof, and the added benefit of bore water, helping keep the gardens green all year round.
Property Features
759m² block
3 generous bedrooms with built-in wardrobes
Main bedroom with built-in robe
Hardwood timber flooring beneath carpet
2.4m ceilings
Large sliding windows providing excellent natural light
Separate bathroom and toilet
Electric cooktop
Spacious downstairs rumpus room
Second toilet downstairs
Internal laundry
Single lock-up garage with workshop
3m x 3m garden shed
Established gardens
Tiled roof
Bore water
Excellent opportunity to renovate or modernise to your own taste
Conveniently Located Near
Approximately 2 minutes to Cleveland State School
Approximately 3 minutes to Cleveland Central shopping, cafés and supermarkets
Approximately 3 minutes to Cleveland Train Station
Approximately 4 minutes to Raby Bay Harbour dining precinct
Approximately 5 minutes to Cleveland waterfront and foreshore
Approximately 5 minutes to Cleveland Aquatic Centre
Approximately 6 minutes to Redland Hospital
Approximately 35 minutes to Brisbane CBD (subject to traffic)
Offering comfortable living today with enormous scope to add value tomorrow, this is an opportunity not to be missed.
Disclaimer: The agent has taken reasonable steps to verify the accuracy of the information contained in this marketing and advertising material. However, all information is provided as a guide only and should not be relied upon as a representation of fact.
Prospective buyers should make their own enquiries, conduct their own due diligence and seek independent advice to satisfy themselves as to the accuracy, condition, suitability and completeness of the information provided in relation to the property. To the extent there is any inconsistency between this marketing or advertising material and the Form 2 Seller Disclosure Statement for the property, the Form 2 Seller Disclosure Statement will prevail.
If this property is being sold by auction or without a price, a price guide cannot be provided. Any website or portal may have filtered the property into a price bracket for website functionality purposes only.
Some marketing images may contain virtual furniture, furniture staging, digital enhancements or AI-generated enhancements for illustrative purposes. Any such images are intended to assist with visual presentation only and may not reflect the actual property features, furnishings, condition, layout, size, views or presentation. Buyers should rely on their own inspections, enquiries and independent advice.
Listing description written by Brad Mcelhinney, Coronis Inner South — reproduced as published, not verified by Districts.