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 › Seaward Dr
$489,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
577 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$489,000
Asking · $847/m² of land
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.
Vs Russell Island
+160.8%
Median sale
Suburb $187,500
-7.94 pp
Gross yield
Suburb 12.87%
Suburb median $187,500 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$20,931 on top of the price (4.3% extra)
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.
Pre-filled with Russell Island's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 4.9%. 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
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 Island Life Property Sales & RentalsIf you're looking for space, versatility and future potential, this elevated high-set home is well worth your inspection. Positioned in a quiet, sought-after area close to the town centre, this property enjoys cooling bay breezes, front and rear entertaining decks and water glimpses through the trees towards beautiful North Stradbroke Island.
Designed for relaxed island living, the home offers three generous bedrooms, a practical bathroom and comfortable open-plan living. Fully tiled throughout, it provides a modern, low-maintenance lifestyle, making it equally suitable as a permanent residence, holiday home or investment property.
One of the standout features is the enormous area underneath the home. Currently offering secure parking for two vehicles, a large workshop and extensive storage, this space also provides outstanding potential for future expansion (STCA). Whether you dream of creating additional living areas, a games room, studio or the ultimate workshop, the possibilities are endless.
Adding to the home's character is a striking external spiral staircase, providing convenient access to the upper level while enhancing its unique island appeal.
With its elevated position, generous storage, expansion potential and desirable location, this property presents an exciting opportunity to secure your place on beautiful Russell Island.
Property Features
High-set home in a quiet, sought-after location
3 generous bedrooms
1 bathroom
Fully tiled throughout
Open-plan living and dining
Rear entertaining deck
Water glimpses through the trees towards North Stradbroke Island
External spiral staircase
Huge area underneath the home with exceptional expansion potential (STCA)
Large workshop and storage area
Parking for two vehicles
Elevated position capturing beautiful bay breezes
Close to ferry, shopping precinct, school and all local amenities
Why Russell Island?
Just 20 minutes by passenger ferry to Redland Bay
Easy access to Brisbane and the Gold Coast
Fantastic boating, fishing and water sports
Beautiful natural surroundings with a relaxed island lifestyle
Friendly community with excellent local facilities
Strong long-term investment potential
The Island Life Difference
Jetty pick-ups available for inspections
Local experts who live and work on the islands
Professional guidance from inspection through to settlement
Properties offering this combination of elevation, views, space and future potential are always in demand. Contact the listing agent today to arrange your private inspection before this opportunity is gone.
Disclaimer
Whilst every effort has been made to ensure the accuracy of the information contained in this advertisement, interested parties should make their own enquiries and obtain independent advice where appropriate. Images, floor plans and marketing material may include virtual staging, AI enhancements or digital editing for marketing purposes and should not be relied upon as an exact representation of the property. Purchasers should satisfy themselves by inspection and independent investigation as to the accuracy of all information provided.
Listing description written by Rhys Franz, Island Life Property Sales & Rentals — reproduced as published, not verified by Districts.