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QLD › Russell Island › Banksia St

21-23 Banksia St, Russell Island QLD 4184

For saleHouse

For sale

For sale

3

Bedrooms

1

Bathrooms

5

Car spaces

1,092 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 5 Aug 2026)
  • FactLand 1,092 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Russell Island (last 5 years) with land size: median $838/m² of land (n=49). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

No recorded sale price for this property yet.

Local land rate: recorded House sales in Russell Island (last 5 years) with land size have a median of $838/m² of land (n=49). 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.

See the full Russell Island report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listedprice unknownavailable5 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Russell Island in one glance

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.

See the full Russell Island report →

Keep researching

  • Why Russell Island? Read the area thesis →
  • What else is on the market in Russell Island →
  • Other records on Banksia St →

Listing material

Listed by Island Life Property Sales & Rentals

Hand-Crafted Haven with Bay Island Views & Lush GardensYour Dream Island Escape – Artisan Home with Fruit Trees & Workshop

Cathedral Ceilings & Coastal Breezes – A Russell Island Gem

One of the Finest Streets on the Bay Islands

Welcome to your future oasis — a breathtaking three-bedroom home situated on a sprawling 1,092 m² double block.

Read the full description

This isn’t just a house — it’s a masterpiece of craftsmanship, created by skilled artisans using the finest materials including steel framing, Tasmanian oak and Western Red Cedar features. Every inch of this property reflects timeless quality, strength and character.

Architectural Beauty with Rustic Soul – Your Dream Home Awaits

Step into a spacious living area where spectacular cathedral ceilings soar overhead, creating an airy and open atmosphere. The feature timber interiors infuse the space with warmth and character, offering a rustic yet refined ambience that’s both inviting and sophisticated. Perfect for entertaining or relaxing in style, this unique home blends natural charm with architectural grandeur

🪵 Key Features

Three spacious bedrooms including a stunning loft master suite with its own balcony and spectacular views across the bay to Stradbroke Island

Downstairs bedroom opening onto the sunny, morning verandah — ideal for guests or extended family

The family bathroom exudes Nordic serenity with clean lines and natural textures, while the claw-foot bathtub and overhead brass shower fittings evoke the timeless charm of yesteryear. A harmonious blend of minimalist elegance and vintage character creates a space that’s both calming and captivating.

The hand-crafted kitchen is a true centrepiece, featuring a stunning solid wooden island bench that anchors the space with warmth and character. Premium fittings and fixtures complement the artisanal design, while generous storage ensures both style and practicality for everyday living.

A sprawling open-plan living area seamlessly flows into the lush garden and expansive entertainment deck and wrap around verandah, creating the perfect indoor-outdoor lifestyle. Ideal for hosting guests or relaxing in privacy, this space combines natural light, elegant finishes, and a strong connection to the outdoors.

Set on an expansive landscaped yard, the property boasts a bounty of established fruit trees—including lemons, mangoes, lychee, peach and bananas—offering a lush, productive garden oasis.

A double steel garage with a dedicated workshop area provides versatile space for hobbies or storage, while an additional shed or potential chicken coop adds rural charm and functionality.

The long driveway ensures ample off-street parking for multiple vehicles, enhancing convenience and accessibility

🏡 Endless Possibilities

Craft Your Dream Lifestyle on Over 1,000 m²

With more than 1,000 m² of usable land, this property offers endless potential to personalise your oasis — whether it’s adding a granny flat, studio, or a sparkling pool for those long summer days. The space and flexibility invite you to create the lifestyle you’ve always dreamed of, in one of the Bay Islands’ most sought-after locations.

💎 A Rare Opportunity

Homes of this quality and character are exceptionally rare on the Bay Islands.

Discover a home that blends craftsmanship, nature, and comfort — a true statement of quality and individuality.

📞 Arrange Your Private Viewing

Don’t miss the chance to secure this extraordinary property.

Contact The Island Agents for an exclusive tour or FaceTime walkthrough.

Island Life Property Sales & Rentals – Your local experts for all things island living.

REIQ Accredited | Local Knowledge | Personalised Service

Disclaimer:

We have used our best endeavours to ensure that the information contained herein is true and accurate, however we 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 all information.

Listing description written by Rhys Franz, Island Life Property Sales & Rentals — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Deck
  • Floorboards
  • Outdoor Entertaining
  • Shed
  • Solar Panels

Also look at

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.