78 The Esplanade, Karragarra Island, QLD 4184 | Property Value & History | OnTheHouse
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78 The Esplanade
Karragarra Island QLD 4184

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 65m2
Land area: 721m2
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Last updated 18 May 2026
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Property Details for 78 The Esplanade, Karragarra Island

78 The Esplanade, Karragarra Island is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1998. The property has a land size of 721m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1998
Floor Size
65m2
Land Size
721m2
Local Government
Redland
Lot/Plan
34/RP130219

Last Listing description (May 2026)

Nestled on the pristine shores of Karragarra Island, this charming two-bedroom house at 78 The Esplanade offers an extraordinary island lifestyle just a 50c 10 minute ferry ride from Redland Bay. This unique beachfront property presents an incredible opportunity to own a slice of paradise in one of Queensland's most exclusive island communities, where tranquillity meets convenience and natural beauty surrounds you at every turn.Experience the ultimate waterfront lifestyle in this stunning location, where adventure and relaxation meet right at your doorstep! Imagine stepping outside to indulge in a variety of water sports, from kayaking and paddleboarding to fishing and swimming, all while soaking in breathtaking views. This prime location not only offers a personal paradise for water enthusiasts but also presents an excellent investment opportunity as an Airbnb. With its picturesque surroundings and easy access to aquatic activities, your guests will be captivated by the charm of waterfront living, ensuring a steady stream of bookings and unforgettable experiences. Dont miss the chance to own a slice of paradise that combines leisure and profit!The thoughtfully designed double-storey home maximises the stunning beach aspect with beautiful floorboards throughout, creating a warm and inviting atmosphere perfect for relaxed island living. The property features two comfortable bedrooms and one well-appointed bathroom, making it ideal for couples, small families, or as a weekend retreat from the mainland hustle. Spacious deck perfect for morning coffees while watching the sunrise over Moreton Bay Secure parking for two vehicles plus additional carport space and workshop space Fully fenced 721 square metre block providing privacy and security Double-storey design offering elevated views and flexible living optionsThe outdoor features truly set this property apart, with the expansive deck serving as your private gateway to island lifestyle and relaxation. With a NW aspect the views from the deck take in Sunrise over North Stradbroke Island and stunning sunsets over the mainland. Whether you're hosting friends for a barbecue or simply enjoying the sea breeze with a good book, this outdoor space captures the essence of island living. The secure parking ensures your vehicles are protected from the salt air, while the fully fenced grounds provide peace of mind and define your private sanctuary.Karragarra Island itself is a hidden gem among the Southern Moreton Bay Islands, home to just 240 residents who enjoy an exclusive lifestyle away from the crowds. The island's small, tight-knit community creates a village atmosphere where neighbours become friends and everyone looks out for each other. Free Regular inter-island ferry services connect residents to Russell Island, Macleay Island, and Lamb Island ensuring you're never truly isolated while maintaining that coveted island privacy. Regular vehicular and passenger ferry services to mainland and neighbouring islands Community boat ramp and pontoon facilities right at your doorstep Emergency helipad for medical services providing additional peace of mind Progressive community that embraced Australia's first driverless bus trialsThe island's infrastructure supports comfortable year-round living with reliable ferry connections making commuting to Brisbane entirely feasible for those seeking a sea-change without completely leaving civilisation behind. The residents maintain a community food garden and host a plethora of amazing community workshop, preserving the island's natural character.Living on The Esplanade means you're just steps away from the island's main ferry terminal and community facilities, including the boat ramp and pontoon that serve as the gateway to endless aquatic adventures. The Karragarra Island Foreshore Park directly opposite provides additional recreational space, while the island's rural fire brigade ensures community safety and support.This property offers more than just a home; it provides entry into an exclusive lifestyle where stress melts away with each tide and every day feels like a holiday. The combination of modern conveniences, stunning natural surroundings, and genuine community spirit makes this an opportunity that rarely presents itself in today's property market.Perfect for those seeking a permanent island residence, a weekend escape, or a unique investment opportunity in one of Queensland's most distinctive locations. The island's growing popularity and limited housing stock make this beachfront gem a smart choice for discerning buyers who appreciate the extraordinary over the ordinary.INSPECTION BY APPOINTMENT ONLY. Disclaimer: All details and features of the property contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and accept no responsibility for any inaccuracies contained within this advertisement.

Property History for 78 The Esplanade, Karragarra Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$495,000
12 Feb 2021
  • 06 Mar 2026
    Listed for Sale Offers Over $790K Considered
  • 12 Feb 2021
    Sold for $495,000
  • 19 Nov 2019
    Listed for Sale Under Contract LJH Macleay
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About Karragarra Island 4184

The size of Karragarra Island is approximately 1.0 square kilometres. It has 4 parks covering nearly 3.0% of total area. The population of Karragarra Island in 2016 was 204 people. By 2021 the population was 240 showing a population growth of 17.6% in the area during that time. The predominant age group in Karragarra Island is 60-69 years. Households in Karragarra Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karragarra Island work in a professional occupation.In 2021, 83.00% of the homes in Karragarra Island were owner-occupied compared with 79.20% in 2016.

Karragarra Island has 254 properties. Over the last 5 years, Houses in Karragarra Island have seen a 92.26% increase in median value. As at 30 April 2026:

  • The median value for Houses in Karragarra Island is $584,208 while the median value for Units is $95,106.
  • Houses have a median rent of $285.
There are currently 5 properties listed for sale, and no properties listed for rent in Karragarra island on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Karragarra island.

Suburb Insights for Karragarra 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.