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.
QLD › Russell Island › Hacking Ridge Rd
$210,000
Last sold
6 Sept 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
546 m²
Land
100 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$210,000
6 Sept 2021 · 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.
Vs Russell Island
+12.0%
Median sale
Suburb $187,500
-1.38 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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Bay Islands PropertySitting amongst the gums, facing East, is this classic 60s-style house. Moved to the island in 2008, she stands proud on the ridge and awaits her change-of-life experience.
A front-porch entry to a simple, 3-bed-1-bath-floorplan with L-shaped living/dining adjoining the modest electric kitchen, which opens to the screened back-veranda overlooking the eucalypt haze.
Down the stairs, to the backyard surprise of an enormous entertaining deck—a stage for the band, yoga pavilion, or dancefloor, perhaps?
Possibility of granny-flat conversion from the lined garage (power and TV-aerial installed) at rear; or fitout as a home-gym or North-facing cabana to embrace the deck; while utilising the shaded driveway to the South, for off-street parking.
Hardwood floors, screened doors and windows for easy coastal living. Water tank, gas hot water and roof-span for solar power, to take care of energy bills.
Under-house storage and a tool-shed tucked into the garage-front, keep the yard clear for your enjoyment. There’s room for a pool, outdoor play for the kids and cosy spots for pets in this dappled, secure space.
Completely comfortable as is, but scope to go up and increase living footprint below, with further options to extend and retain a single-level dwelling.
Plenty of treed blocks surrounding, with new homes popping up amongst the foliage creating a great neighbourhood for your family to make life-long friends.
Hacking Ridge marks the halfway-point of the island—the neck—and nods slightly to the West, catching both easterly and westerly breezes; all-day sunshine; and russet sunset hues; all a benefit of living in the narrow part of the island.
If you’ve’ been waiting for a genuine Aussie 60s charmer, or just don’t gel with modern project-homes, this is the buy for you.
Imagine raising your family in a home that can grow with you and your finances. And, if you put aside the granny-flat income, it could happen sooner than you thought possible.
Change your destiny and grab this dream, before you wake-up to disappointment.
Call Chris now on 0420 555 997
Listing description written by Chris McGregor, Bay Islands Property — reproduced as published, not verified by Districts.