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 › Cutter St
$529,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
653 m²
Land
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
Asking
$529,000
Asking · $810/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
+182.1%
Median sale
Suburb $187,500
-8.31 pp
Gross yield
Suburb 12.87%
Suburb median $187,500 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$22,518 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 4.6%. 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 & RentalsListing Price: $529,000 negotiable
Set on a 653m² corner block in one of Russell Island's most sought-after elevated streets, this tri-level Colourbond home combines character, space, and flexibility. Just a 10-minute walk to ferries, shops, and amenities, the property enjoys cooling bay breezes and water glimpses towards Canaipa Passage and North Stradbroke Island.
Featuring beautiful timber finishes throughout, the home offers multiple living areas across three levels, making it ideal for extended family living, guests, or those wanting extra space. The lower level includes a bedroom, bathroom, lounge, kitchenette and laundry, while the upper levels feature two additional bedrooms, open-plan living, and a solid timber kitchen with gas cooking and dishwasher.
Property Features
• Elevated 653m² corner block
• Water glimpses and bay breezes
• Three bedrooms and two bathrooms
• Flexible layout across three levels
• Timber kitchen with gas appliances and dishwasher
• Spa bath in main bathroom
• 5.18kW Sungrow solar system (14 panels)
• Solar hot water system
• Reverse-cycle air conditioning
• Crimsafe security screens
• NBN connected
• Lockable shed
• Fully fenced yard
• Mobility access ramps
• Decks and verandahs on two sides
• Walk to ferries, shops and services
Properties in this tightly held location are always popular. If you're looking for character, flexibility and a convenient island lifestyle, this home is well worth your inspection.
The Island Life Difference
• Jetty pick-ups available
• Property inspections and island tours
• Area maps and local insight
• FaceTime / virtual inspections available
🏆 Trusted Local Experts – Locals for Locals
🏆 Russell Island Agent of the Year 2025
🏆 Small Residential Agency of the Year – Finalist 2025
🏆 Contribution to Community Award – Finalist 2025
🏆 REIQ Accredited Agency – Trusted Local Experts
Disclaimer: While every effort has been made to ensure accuracy, prospective purchasers are encouraged to verify all information independently.
Listing description written by Rhys Franz, Island Life Property Sales & Rentals — reproduced as published, not verified by Districts.
Also look at
21 Sapphire St, Russell Island QLD 4184
1-bed house for sale. Asking $325K.
110 Avondale Rd, Russell Island QLD 4184
0-bed land for sale. Asking $260K.
5 Ash St, Russell Island QLD 4184
3-bed house for sale. Asking $479K.
66 Barcelona Tce, Russell Island QLD 4184
5-bed house for sale. Currently listed.