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QLD › Russell Island › Mark Rd

22 Mark Rd, Russell Island QLD 4184

For saleHouse for Sale

$599,950

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,950 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,950(Listing record · 21 July 2026)
  • CalculationAsk is 220% above the Russell Island median recorded sale ($187,500, n=86, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Russell Island's advertised median rent ($464/wk), implied gross yield would be 4.02% — 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

$599,950

Asking

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.

See the full Russell Island report →

Vs Russell Island

+220.0%

Median sale

Suburb $187,500

-8.85 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
$599,950
Stamp Duty (Queensland)
$20,023
Transfer/Registration Fee
$2,204
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
$625,877

$25,927 on top of the price (4.3% 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
2.52%
Annual cashflow (pre-tax)
$-16,069
Interest cover (DSCR)
0.48
Annual rent
$24,128
Operating expenses
$8,999
Loan amount
$479,960
Annual interest
$31,197
Gross yield
4.02%

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. Listed$599,950available21 July 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

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

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 Mark Rd →

Listing material

Listed by Bay Islands Property

Make your Mark with Island Living - $599,950

Mark my words you are going to love this property.

Situated on a huge 878m2 corner block this newly renovated beauty is perfectly positioned to make the most of the water views.

As you arrive at the property you can’t help but admire the timber entrance arch which adds a touch of cottage appeal and invites you in. A few steps take you up on to the covered verandah which wraps around 3 sides of the home. The views from here are amazing. In the daytime you can sit and watch the boats cruise across the bay, in the evening you are in for a real treat as the majestic sunsets are reflected off the water.

Read the full description

Entering the home, you will find a modern kitchen with a breakfast bar and a dining area, with glass doors leading onto the verandah. The windows are positioned to allow for plenty of natural light and let’s not forget those water views. The welcoming lounge offers a place to relax and unwind with a light, airy feel that perfectly complements the rest of the property.

The master bedroom is spacious and beautifully presented as is the second well sized bedroom. Both with built in wardrobes. A small hall area gives outside access to the rear of the property and is a perfect spot to sit and take of your gardening wear. This area flows nicely back into the main living area or the fresh and inviting bathroom designed for everyday convenience.

With the house already getting top marks, how’s the garden going to score? Spacious, fenced, well maintained? Absolutely all of these plus much more. How about advanced fruit trees, Macadamia, banana, mango, lemon and lime. A 5000L water tank and plenty of room for a large shed, granny flat, or whatever you may want. Under the house there is plenty of storage space or a little work shop area.

If you’ve been waiting for an affordable waterfront-view lifestyle with room to grow, this is your opportunity to make your Mark on beautiful Russell Island. Call us today for your private inspection.

• 878m2 Corner block

• 2 bedrooms

• Undercover Verandah

• Newly Renovated

• Amazing water views

• Established fruit trees

• 5000L water tank

• Plenty of under house storage

The Owners of 22 Mark Rd Russell Island need this property property sold and will consider all reasonable offers.

Call our team today on 07 3409 9900 to arrange your personal inspection of this magnificent property today

Listing description written by Chris McGregor, Bay Islands Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Shed
  • Toilets: 1
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.