1 Wright Street, Russell Island, QLD 4184 | Property Value & History | OnTheHouse
FOR SALE

1 Wright Street
Russell Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 46940m2
This property is currently on the market
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Property Details for 1 Wright St, Russell Island

Building Type
Land
Land Size
46940m2
Local Government
Redland
Lot/Plan
5/RP129494

Last Listing description (July 2026)

Welcome to your slice of paradise on Russell Island, situated in one of the most sought-after blue-chip areas. This exceptional 4.69-hectare property boasts a high-elevated position overlooking the tranquil Canaipa Point Passage. With a substantial portion of the land already cleared and easy access via gated entrances, this property presents an ideal canvas for your dream home or development project.

Key Features

Tranquil Location

Enjoy the serene beauty of Russell Island from a secluded and elevated position, ensuring privacy and peace.

Ample Space With 4.69 hectares of land, there is plenty of room to create your dream lifestyle, whether it's a private retreat or a full-scale development.

Cleared Land Much of the land has already been cleared, offering ease of access and versatility for various construction or landscaping endeavors.

Easy Access The property is easily accessible via gated entrances, providing security and convenience for residents and visitors alike.

Potential Uses

Build your dream home in a tranquil setting where you can escape the hustle and bustle of city life and enjoy uninterrupted views of the surrounding natural beauty.
Development Opportunity: Explore the potential for a full-scale development to cater to residents seeking a premium island lifestyle. Whether it's luxury villas, eco-friendly retreats, or recreational facilities, the possibilities are endless.

Property History for 1 Wright St, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$800,000
17 Jun 2019
  • 24 Nov 2025
    Listed for Sale Contact Listing Agent
  • 06 Jun 2025
    Listed for Sale Contact Listing Agent
  • 08 May 2024
    Listed for Sale Offers From $2,000,000
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About Russell Island 4184

The size of Russell Island is approximately 17.8 square kilometres. There are 64 parks, covering nearly 13.3% of the total area. The population of Russell Island in 2016 was 2836 people. By 2021 the population was 3698 showing a population growth of 30.4% in the area during that time. The predominant age group in Russell Island is 60-69 years. Households in Russell Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Russell Island work in a community and personal service occupation.In 2021, 70.30% of the homes in Russell Island were owner-occupied compared with 63.80% in 2016.

Russell Island has 9,455 properties. Over the last 5 years, Houses in Russell Island have seen a 95.74% increase in median value, while Units have seen a 99.83% increase. As at 31 July 2026:

  • The median value for Houses in Russell Island is $537,941 while the median value for Units is $847,593.
  • Houses have a median rent of $460.
There are currently 388 properties listed for sale, and 10 properties listed for rent in Russell island on OnTheHouse. According to Cotality's data, 675 properties were sold in the past 12 months in Russell island.

Suburb Insights for Russell Island 4184

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.