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QLD › Russell Island › Hacking Ridge Rd

38 Hacking Ridge Rd, Russell Island QLD 4184

House

$450,000

Last sold

30 Apr 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

546 m²

Land

133 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 $450,000 (30 Apr 2025).(Recorded sale)
  • CalculationLand 546 m² against a 133 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

$450,000

30 Apr 2025 · 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

+140.0%

Median sale

Suburb $187,500

-7.51 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$450,00030 Apr 2025
  2. Listedprice unknowncompleted26 Mar 2025

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 Hacking Ridge Rd →

Listing material

Listed by Property Centre SMBI RUSSELL ISLAND

Give me a home among the gum trees.......

FREE CONCEIRGE FERRY PICKUP

FREE DEVELO REPORT

New to the market... this 4 years young, 3 bedroom, 2 bathroom with 1 carport is now available to be your new Island Home or add to your investment portfolio.

Read the full description

With a great back yard with full Colourbond fencing, there is loads of room for the veggie garden, game of soccer or fire pit. Short drive to Wahine Boat Ramp for the boating and fishing enthusiasts.

Open plan living, kitchen and dining gives a feeling of space and easy living. With an outdoor area to put pot plants and a nice outdoor lounge or second dining area, this home would ideally suit a family, retirees wanting to downsize or an investor.

The Home:

* Master bedroom with ceiling fan and large walk in and spacious ensuite

* 2nd and 3rd bedrooms with built in robes and ceiling fans

* Main bathroom off living area

* Electric cook top, oven and range hood

* Electric hot water system

* Separate laundry

* Carport (has ability to be closed in)

* Fully fenced back yard with side gate access

* Concreted outdoor area

* Large back yard

* Quiet street with lots of birds singing

Distances:

* Wahine Boat Ramp - 1.8 klm or 3 minute drive

* Sandy Beach - 3.6 klm or 6 minute drive

* Ferry Terminal - 4.9 klm or 7 minute drive

* Shopping Village - 4.7 klm or 7 minute drive

Don't delay, CALL OR EMAIL SUE now if you would like to book an inspection.

Listing description written by Sue Bloomfield, Property Centre SMBI RUSSELL ISLAND — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 1
  • Toilets: 2
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.