This 574m² block is ideally positioned in a highly convenient island location, just moments from all essential amenities. Situated on a corner allotment with sealed road access, the property offers easy accessibility and excellent potential for future development.
The land is flat and level, making it perfect for building, and the surrounding area is experiencing strong growth with brand new homes currently under construction nearby. The owner is motivated and has priced the property to sell, presenting a fantastic opportunity for buyers.
Conveniently located just 800 metres from the ferry terminal and only 550 metres from the IGA shopping centre, everything you need is within easy reach. The property is also serviced by town water, power, and NBN internet, ensuring modern connectivity and convenience.
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:
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