123 Canaipa Point Drive, Russell Island, QLD 4184 | Property Value & History | OnTheHouse
FOR SALE

123 Canaipa Point Drive
Russell Island QLD 4184

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 655m2
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Property Details for 123 Canaipa Point Dr, Russell Island

123 Canaipa Point Dr, Russell Island is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 655m2.This Property is currently listed for sale with Island Life

Building Type
House
Land Size
655m2
Local Government
Redland
Lot/Plan
114/RP129495

Last Listing description (September 2026)

Listing Price: Offers over $695,000

Positioned in one of Russell Island's most sought-after addresses, 123 Canaipa Point Drive presents an exceptional opportunity to secure a quality designer home in a premium waterfront precinct. Offering stylish modern living, quality finishes, and beautifully established gardens, this impressive residence delivers the perfect balance of comfort, functionality, and island lifestyle.

Thoughtfully designed and meticulously maintained, the home features light-filled open-plan living spaces, a stunning bespoke kitchen, and quality appointments throughout. With some water views, solar power, solar hot water, and a fully fenced allotment, this is a property that combines practicality with contemporary elegance.

Property Features
Three spacious bedrooms
Two modern bathrooms, including ensuite to the master bedroom
Designer home with quality finishes throughout
Bespoke kitchen with generous bench space and quality cabinetry
Open-plan living and dining area filled with natural light
Air conditioning to the living area and master bedroom
Solar panel system
Solar hot water system
Fully fenced property
Beautiful mature landscaped gardens
Some water views
Highly desirable Canaipa Point location
Move-in ready with nothing to do

Every aspect of this home has been carefully considered to create a residence that is equally suited to everyday living, entertaining, or enjoying the peaceful island environment.

Why Russell Island?

Russell Island continues to attract buyers seeking an affordable lifestyle without compromising on convenience. Surrounded by pristine waterways within the Moreton Bay Marine Park, residents enjoy boating, fishing, nature, and a relaxed community atmosphere.

The island is serviced by regular passenger ferries and vehicle barges, with Redland Bay Marina only approximately 20 minutes away by passenger ferry, providing straightforward access to Brisbane and the Gold Coast.

Lifestyle Benefits
Excellent boating and fishing opportunities
Relaxed island lifestyle surrounded by nature
Growing community and infrastructure
Strong investment potential
Affordable alternative to mainland living
Convenient access to Brisbane and the Gold Coast
The Island Life Difference
Jetty pick-ups available
Property inspections and island tours
Area maps and local knowledge
FaceTime and virtual inspections available

Disclaimer: While every effort has been made to ensure the accuracy of this information, prospective purchasers are encouraged to conduct their own enquiries and verify all information independently.

Property History for 123 Canaipa Point Dr, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$45,000
20 Jan 2003
  • 08 Jun 2026
    Listed for Sale Offers over $695,000
  • 14 Dec 2015
    Listed for Sale $89,000
  • 04 Sep 2015
    Listed for Sale Not Disclosed
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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 9,481 properties. Over the last 5 years, Houses in Russell Island have seen a 89.09% increase in median value, while Units have seen a 99.83% increase. As at 31 August 2026:

  • The median value for Houses in Russell Island is $529,351 while the median value for Units is $782,148.
  • Houses have a median rent of $460.
There are currently 428 properties listed for sale, and 8 properties listed for rent in Russell island on OnTheHouse. According to Cotality's data, 597 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.