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QLD › Russell Island › Pookanah St

28 Pookanah St, Russell Island QLD 4184

House

$670,000

Last sold

2 July 2026

3

Bedrooms

2

Bathrooms

5

Car spaces

1,837 m²

Land

130 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $670,000 (2 July 2026).(Recorded sale)
  • CalculationLand 1,837 m² against a 130 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Russell Island (last 5 years) with land size: median $840/m² of land (n=48). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$670,000

2 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Russell Island (last 5 years) with land size have a median of $840/m² of land (n=48). 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

+257.3%

Median sale

Suburb $187,500

-9.27 pp

Gross yield

Suburb 12.87%

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

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. Sold$670,0002 July 2026
  2. Listedprice unknowncompleted15 Apr 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 Pookanah St →

Listing material

Listed by Island Life Property Sales & Rentals

Homestead style living

Private, Peaceful & Packed with Appeal on 1,837m²

If you have been searching for private and peaceful living with space to move, relax and enjoy the best of island life, this outstanding property is well worth your inspection.

Set on a prime 1,837m² block in a quiet and tightly held street of only five homes, this quality residence offers a rare opportunity to secure a substantial home in a serene setting, while still being close to everyday conveniences.

Read the full description

Surrounded by the natural beauty of Russell Island and the sparkling waters of Moreton Bay, this is a property that delivers both lifestyle and practicality. Homes of this calibre, on land of this size, are rarely offered to the market, so prompt inspection is recommended.

Property Features

Front patio deck and welcoming entry

Huge rear verandah, ideal for entertaining

Air-conditioned open plan living area

Wood fireplace in the lounge for added comfort and charm

Modern kitchen with ample cupboard and drawer space

Spacious master bedroom with ensuite, with potential for dual living or bedsitter-style use for extended family

Two additional spacious bedrooms

Main bathroom

Combined laundry room

Additional Improvements

8 KW Solar System, battery inverter Alpha ESS

Battery 13.34 KWH

Steel shed with roller doors plus two additional bays, ideal for a caravan, boat or extra vehicles

Solar system to help reduce power costs

Shipping container for extra storage

Fully fenced with brand new Colorbond fencing along the boundaries

Perfectly positioned, the property is just along the road from beautiful Rocky Point park and fishing area, adding even more appeal to the relaxed island lifestyle on offer.

Enjoy the feel of country living with the benefit of city-style conveniences including postal delivery, rubbish collection, and school bus access at the bottom of the street for local primary and mainland secondary schooling.

With mainland access via Redland Bay, you are within reach of Brisbane Airport, the city, and the Gold Coast, while still enjoying the peace and privacy of island life.

The Island Life Difference

Jetty pick-ups available for inspections

Private property tours and local area insights

FaceTime and virtual inspections available

Trusted Local Experts – Locals for Locals

Contact Our Team

Rhys Franz – 0482 171 300

Russell Island Agent of the Year 2025

Simon Gordon – 0448 884 625

Office – 07 3409 2288

Island Life Property Sales & Rentals

Small Residential Agency of the Year – Finalist 2025

Contribution to Community Award – Finalist 2025

REIQ Accredited Agency

Disclaimer: While every effort has been made to ensure accuracy, prospective purchasers are encouraged to verify all information independently. A Seller Disclosure (Form 2) will be provided prior to contract.

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

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 2
  • Workshop

Also look at

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  • 66 Barcelona Tce, Russell Island QLD 4184

    5-bed house for sale. Currently listed.

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  • 31 Tahlin Dr, Russell Island QLD 4184

    0-bed land for sale. Asking $95K.

    For sale
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.