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 › Victoria Ave
$585,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
574 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
$585,000
Asking · $1,019/m² of land
No recorded sale for this property.
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
+212.0%
Median sale
Suburb $187,500
-8.75 pp
Gross yield
Suburb 12.87%
Suburb median $187,500 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,207 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 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 $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 4.1%. 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
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 LJ Hooker Bay IslandsDiscover the perfect blend of modern comfort, flexible living and relaxed island lifestyle with this beautifully presented property, located just approximately 1km from the stunning beachfront. Offering a stylish two-bedroom main residence plus a separate self-contained granny flat, this property is ideal for extended families, guests, rental income or a home business.
The light-filled main home has been thoughtfully designed around spacious open-plan living, where the kitchen, dining and lounge flow seamlessly together to create a welcoming heart of the home. The contemporary kitchen features generous bench space, breakfast bar seating and quality finishes, while large windows capture an abundance of natural light and tranquil garden views.
Both bedrooms are well-proportioned and serviced by a beautifully finished bathroom showcasing floor-to-ceiling tiling, modern timber cabinetry and a walk-in shower, creating a luxurious retreat.
Step outside onto the expansive timber entertaining deck overlooking the landscaped surrounds – the perfect place to enjoy your morning coffee, entertain friends or simply unwind while taking in the peaceful setting. Say goodbye to those ugly power bills with a 5kw solar system complete with 15 panels!
Adding exceptional value is the large separate double garage, with the rear section professionally converted into a fully self-contained granny flat complete with its own kitchenette, living area, bathroom and loft-style sleeping accommodation. Whether you're looking to accommodate family members, host guests, create an Airbnb opportunity or generate additional rental income, this versatile space offers endless possibilities.
? Modern 2-bedroom main residence
? Spacious open-plan kitchen, living and dining area
? Designer bathroom with quality finishes
? Expansive covered timber entertaining deck
? Large detached double garage
? Self-contained granny flat at the rear of the garage
? Solar system 5kw - heavily reduced power bills!
? Ideal for dual living, guests, Airbnb or additional income
? Peaceful, leafy surrounds
? 1km to the beachfront
? Beautifully presented and move-in ready
Whether you're searching for a permanent home, a weekend escape or an investment with multiple income opportunities, this unique property delivers flexibility, style and lifestyle in one impressive package.
Properties offering this level of versatility and presentation are rarely available – inspect today and experience everything this exceptional home has to offer.
Russell Island is only a twenty-minute ferry ride from the mainland (Redland Bay) with Brisbane city forty minutes north and the beautiful Gold Coast forty minutes south. Drive to Redland Bay Marina, jump on the ferry, walk 100m to LJ Hooker Bay Islands and discover what awaits you for the next exciting chapter of your life!
Please call the listing agent to enquire today.
Don’t be the one, in 10 years’ time, that says “I should have bought that!”
Listing description written by Scott Cooper, LJ Hooker Bay Islands — reproduced as published, not verified by Districts.