3 Paula Parade, Lamb Island, QLD 4184 | House for sale | OnTheHouse
 
FOR SALE
PRICE DROP - Now only $398,000!

3 Paula Parade
Lamb Island QLD 4184

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 531m2
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A Leafy Island Retreat

Space, privacy, and effortless comfort can be found in this leafy island retreat with built-in rental income
Currently tenanted at $280 per week, this property presents an excellent investment opportunity. A lease is in place until February 2028, providing immediate rental income and long-term peace of mind for investors.
Tucked among lush tropical gardens and surrounded by peaceful greenery, this charming three‑bedroom home offers the relaxed island lifestyle buyers dream of. Warm, welcoming and full of natural light, it blends cosy interiors with generous outdoor living spaces — the perfect hideaway for those seeking tranquillity, space and a home that simply feels good to be in.
Set on a beautifully established block, the home features an inviting front verandah, a private rear patio, and a bright, functional layout that flows easily from room to room. Whether you’re enjoying a quiet morning coffee overlooking the gardens, hosting friends on the deck, or unwinding in the comfortable living areas, this home delivers a sense of calm that’s hard to find.
Inside, the kitchen is a standout — fresh, tidy and filled with natural light, with lovely garden views from the window. The adjoining dining and living spaces feel warm and homely, with timber‑look flooring, soft natural tones and leafy outlooks from every angle. Three well‑sized bedrooms provide flexibility for families, guests or a home office, while the bathroom and laundry are both clean, practical and well‑maintained.
Outside, the gardens are a true highlight — vibrant, private and full of colour, with established trees, flowering plants and plenty of lawn for pets or pottering. With two patios, a large attached shed, and an additional freestanding shed, there’s no shortage of storage or workshop space.
This is the kind of home that instantly feels comfortable — a peaceful retreat with character, privacy and room to breathe, all just minutes from the ferry, shops and the relaxed community vibe Lamb Island is known for.
Contact the listing agent at Russell Island Real Estate for more information and free Ferry Pickup to explore the property!
Please note that a minimum of 48 hours’ notice is required for all inspections.
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Property Details for 3 Paula Pde, Lamb Island

3 Paula Pde, Lamb Island is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 531m2. The place is currently for sale with Russell Island Real Estate.

Building Type
House
Land Size
531m2
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About Lamb Island 4184

The size of Lamb Island is approximately 1.4 square kilometres. There are 3 parks, covering nearly 7.8% of the total area. The population of Lamb Island in 2016 was 432 people. By 2021 the population was 504 showing a population growth of 16.7% in the area during that time. The predominant age group in Lamb Island is 60-69 years. Households in Lamb Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lamb Island work in a professional occupation.In 2021, 71.60% of the homes in Lamb Island were owner-occupied compared with 69.00% in 2016.

Lamb Island has 783 properties. Over the last 5 years, Houses in Lamb Island have seen a 87.31% increase in median value. As at 31 July 2026:

  • The median value for Houses in Lamb Island is $555,381 while the median value for Units is $716,361.
  • Houses have a median rent of $445.
There are currently 22 properties listed for sale, and no properties listed for rent in Lamb island on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Lamb island.

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Brian Scaysbrook
Russell Island Real Estate
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