23 Bay Dr, Russell Island is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 943m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 1997.
New Listing, more pictures to follow.
Bay Drive, Russell Island Prime Canaipa Peninsula Position
3 Bedrooms | Study | 943 m Waterfront Block | Panoramic Views
Set in one of the islands most prestigious streets, this north-facing brick-veneer home captures panoramic water views across Canaipa Passage to Macleay and North Stradbroke Islands, extending all the way to Peel Island.
An exceptional location offering peace, prestige, and endless potential this is island living at its finest.
Property Features
Panoramic water views enjoy breathtaking vistas through expansive windows and glass sliding doors
Spacious open-plan living ideal for entertaining family and friends
Solid brick-veneer construction a home with great bones, ready for a stylish update
Tiled floors throughout low-maintenance and perfect for island living
Three bedrooms + study ample space for family or a home office
Renovation potential upgrade kitchen and bathrooms to create a true coastal masterpiece
Large 943 m elevated block privacy, elevation, and unbeatable water outlooks
Prime north-facing aspect warm winter sun and cooling summer breezes
Close to ferries, shops, cafs, and the RSL convenience with tranquility
Lifestyle & Location
Canaipa Peninsula Russell Islands most coveted address
Only 20 minutes by ferry to Redland Bay and 40 minutes to Brisbane or the Gold Coast, this location offers the perfect balance between serenity and accessibility.
Boating & Fishing Paradise
Direct access to Moreton Bays waterways ideal for boating, fishing, kayaking, and island-hopping adventures.
Natural Beauty & Community
Wake up to the sounds of nature, unwind with sunset views over the bay, and enjoy the warm, welcoming island community.
A Smart Investment
Homes in this premium position are tightly held.
With outstanding scope to renovate and capitalise, this property represents one of the islands best future-growth opportunities.
Act Fast This Rare Gem Wont Last!
Viewing Options
Jetty pickups for convenient access
Private inspections by appointment
FaceTime or video viewings available for interstate buyers
Contact the Island Life Team
Rhys Franz 0482 171 300
Simon Gordon 0448 884 625
Office 07 3409 2288
www.islandlife.au
REIQ Small Residential Agency of the Year Finalist 2025
Queensland Business Contribution to Community Finalist 2025
REIQ Accredited Agency Trusted Local Experts
Disclaimer: While every effort has been made to ensure accuracy, all prospective buyers are encouraged to verify details independently.
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 9,451 properties. Over the last 5 years, Houses in Russell Island have seen a 101.41% increase in median value, while Units have seen a 99.83% increase. As at 30 June 2026:
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