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QLD › Russell Island › Coolabah St

22 Coolabah St, Russell Island QLD 4184

For saleLand

$82,000

For sale

$82,000

Last sold

30 May 2026

0

Bedrooms

0

Bathrooms

2

Car spaces

546 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 · 30 June 2026)
  • FactLand 546 m²; no building size recorded.(Property record)
  • CalculationRecorded Land sales in Russell Island (last 5 years) with land size: median $194/m² of land (n=53). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Russell Island's advertised median rent ($464/wk), implied gross yield would be 29.42% — this is not a rent for this listing.(Districts scenario calculation)

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

$82,000

30 May 2026 · derived via latest_sale

Local land rate: recorded Land sales in Russell Island (last 5 years) with land size have a median of $194/m² of land (n=53). 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 →

Vs Russell Island

-56.3%

Median sale

Suburb $187,500

+16.55 pp

Gross yield

Suburb 12.87%

Suburb median $187,500 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$82,000
Stamp Duty (Queensland)
$1,295
Transfer/Registration Fee
$248
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$87,243

$5,243 on top of the price (6.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Russell Island's advertised median rent — not a rent for this listing.

Net yield
27.92%
Annual cashflow (pre-tax)
$18,634
Interest cover (DSCR)
5.37
Annual rent
$24,128
Operating expenses
$1,230
Loan amount
$65,600
Annual interest
$4,264
Gross yield
29.42%

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.

Open the full yield calculator →

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 unknownavailable30 June 2026
  2. Sold$82,00030 May 2026
  3. Listedprice unknowncompleted1 Jan 2001
  4. Listedprice unknowncompleted1 Jan 2001

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 Coolabah St →

Listing material

Listed by LJ Hooker Bay Islands

Modern New Home - Call Listing Agent

If you're searching for a brand-new home that combines quality, comfort, and convenience, this outstanding 175m² residence deserves your attention. Currently under construction, now is the perfect time to secure this impressive property before completion.

Ideally positioned approximately halfway down Russell Island, the home offers easy access to local amenities while enjoying the peace and lifestyle the island is renowned for.

Designed with modern family living in mind, the spacious floorplan features three generous bedrooms, including a private master suite with its own ensuite. The remaining bedrooms are serviced by a beautifully finished main bathroom, with both bathrooms showcasing elegant floor-to-ceiling tiling and quality fixtures.

Read the full description

The heart of the home is a stylish galley-style kitchen complete with premium builder's stone benchtops, quality appliances, and excellent storage. Overlooking the adjoining family and meals areas, this inviting space is perfect for everyday living and entertaining alike.

Step outside to a large covered patio, creating the ideal setting for weekend barbecues, family gatherings, or simply relaxing in your own backyard.

This home is offered as a genuine turn-key package, with all the finishing touches already included. Landscaping, quality turf, fencing, and a concrete driveway are all completed, allowing you to move in and start enjoying your new home from day one.

Features You'll Love:

Brand-new 175m² home currently under construction

Approximately halfway down Russell Island

3 generous bedrooms, including a master with ensuite

2 stylish bathrooms with floor-to-ceiling tiling

Spacious family and meals areas

Modern galley-style kitchen with builder's stone benchtops and quality appliances

Large covered outdoor entertaining area

Fully landscaped with fencing, turf, and concrete driveway included

Complete turn-key package—nothing more to do

With demand for quality new homes continuing to grow, this is an opportunity not to be missed.

Listing description written by Trent Jamieson, LJ Hooker Bay Islands — reproduced as published, not verified by Districts.

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.