124 Russell Terrace, Indooroopilly, QLD 4068 | Property Value & History | OnTheHouse
 
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124 Russell Terrace
Indooroopilly QLD 4068

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 109m2
Land area: 696m2
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Property Details for 124 Russell Tce, Indooroopilly

124 Russell Tce, Indooroopilly is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 696m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1950
Floor Size
109m2
Land Size
696m2
Local Government
Brisbane
Lot/Plan
5/RP63133

Last Listing description (February 2019)

The first thing you'll notice about this home is the light. Bedrooms and living spaces are bathed in it, filtered only by the swathes of greenery framing every view. This lovely post war home sits on 696m2 in Indooroopilly and offers both privacy and space, and all within walking distance of Mount Coot-tha, Indooroopilly State School, and Indooroopilly shopping centre.
Inside you'll find original features like ornate cornices, triplet windows and french doors opening out to the front terrace, as well as modern classics like Carrara marble benchtops and stainless steel appliances. Add two generous bedrooms upstairs, and a smaller one, currently used as a TV room/reading room, a bathroom and air conditioning throughout, and this home ticks a lot of boxes.
Downstairs there's another suite of rooms, currently used as a teenage retreat with its own terrace and backyard access. This could also function as a study/studio/workshop or student accommodation to generate rental income (as the owners have done in the past).

With easy living in mind, the internal living space was opened up by the current owners to maximise the light and the breezes, and for the past 13 years has been a tranquil and treasured family home. The back yard is huge, and so is the potential for extending.
Be quick.
Here's what you NEED TO KNOW:
- 696m2 of fully useable land
- Post-war home in elevated position in Indooroopilly
- Light-filled home surrounded by greenery
- 3 bedrooms and 1 bathroom upstairs (3rd bedroom is TV/reading room)
- Utility rooms downstairs, including bathroom and separate toilet
- Modern kitchen with Carrara marble benchtops and stainless steel appliances
- Split-system reverse-cycle air conditioning in all upstairs rooms
- Polished hardwood timber floors upstairs
- Designated living spaces/sitting rooms
- Fully fenced yard with electric sliding gate
- Front terrace/patio upstairs
- Rear terrace downstairs
- Huge back yard
- Low-maintenance gardens
- Massive double carport
- Large secure under-house storage space
- Potential income generating space downstairs
- Potential to extend and add a pool
- Walk to Indooroopilly State School and shopping centre
- Walk to Mount Cooth-tha
- Close proximity to University of Queensland (4km) and Brisbane CBD (7km)
Land Size: 696m2
Year build: 1950s
Zoning: Residential A
BCC rates: $418.74 per quarter
NB: Not all of the ceiling height of the room marked bedroom 3 is 2.4m. The TV room can be used as a third bedroom as bedroom two has private access.
School catchments
Indooroopilly State High School - 2.3km away
Indooroopilly State School - 639m away
Queensland Academy For Science Mathematics Technology - 2.2km away

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Property History for 124 Russell Tce, Indooroopilly, QLD 4068

A timeline of how this property has performed in the market
Last Sold
$710,000
16 Oct 2018
  • 16 Oct 2018
    Sold for $710,000
  • 19 Sep 2018
    Listed for Sale Offers Over $715,000
  • 12 Jul 2005
    Sold for $310,000
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About Indooroopilly 4068

The size of Indooroopilly is approximately 7.8 square kilometres. It has 31 parks covering nearly 34.9% of total area. The population of Indooroopilly in 2016 was 12242 people. By 2021 the population was 13622 showing a population growth of 11.3% in the area during that time. The predominant age group in Indooroopilly is 20-29 years. Households in Indooroopilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Indooroopilly work in a professional occupation.In 2021, 53.70% of the homes in Indooroopilly were owner-occupied compared with 51.00% in 2016.

Indooroopilly has 6,960 properties. Over the last 5 years, Houses in Indooroopilly have seen a 72.93% increase in median value, while Units have seen a 93.60% increase. As at 30 November 2025:

  • The median value for Houses in Indooroopilly is $1,613,005 while the median value for Units is $898,402.
  • Houses have a median rent of $720 while Units have a median rent of $720.
There are currently 39 properties listed for sale, and 29 properties listed for rent in Indooroopilly on OnTheHouse. According to Cotality's data, 311 properties were sold in the past 12 months in Indooroopilly.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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