34-38 Koro St, Russell Island is a 2 bedroom, 1 bathroom House with 5 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom House sold in Russell Island in the last 12 months.
RENOVATE OR LIVE WHILST YOU BUILD!
Nestled in a quiet, no-neighbour setting yet still central to the town this charming 2-bedroom, 1-bathroom home situated on a 1506m2 block offers the perfect blend of comfort, privacy, and potential.
With a cozy interior featuring a gallery-style kitchen, a spacious sunroom and an inviting atmosphere, this property is ideal for those seeking a peaceful retreat. The large, fully fenced yard provides ample sheds and storage or room for future development.
Centrally located on the island only 2.7km to the Ferry Terminal & Shops and just 400m from the local Bowls Club and Community Centre where you can enjoy a nice meal or explore the local markets, parks & pump track.
Currently tenanted until July 2025, this home presents a fantastic opportunity for investors looking for a reliable rental income, or for families who are ready to make the move once the lease concludes. With long-term tenants already in place, you can rest assured that your investment is secure!
Features:
- 2 Spacious Bedrooms.
- Bright Sunroom.
- Gallery-Style Kitchen.
- Fully Fenced Yard.
- Sheds & Storage.
Don’t miss out on the chance to secure this ideal spot for your new home.
Discover the potential of Russell Island, the largest in the Southern Moreton Bay Island group. Just a short 20-minute ferry ride from Redland Bay Marina, the island offers easy access to both Brisbane to the north and the Gold Coast to the south—each only about 40 minutes away by car. With its unique blend of island lifestyle and city convenience, Russell Island is a smart choice for investors.
For more information, contact:
Jo – 0413 486 312 | jo@rire.com.au
Property Code: 3515
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 9,450 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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