40 Deenya Parade, Russell Island, QLD 4184 | Property Value & History | OnTheHouse
FOR SALE

40 Deenya Parade
Russell Island QLD 4184

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 75m2
Land area: 1222m2
This property is currently on the market
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Property Details for 40 Deenya Pde, Russell Island

40 Deenya Pde, Russell Island is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1996. The property has a land size of 1222m2 and floor size of 75m2.This Property is currently listed for sale with Island Life

Building Type
House
Year Built
1996
Floor Size
75m2
Land Size
1222m2
Local Government
Redland
Lot/Plan
40/SP131284

Last Listing description (June 2026)

Beautiful 1,222m Waterfront Block | Panoramic Views | Dual Living | Lifestyle Opportunity

Positioned on an impressive waterfront allotment, this unique three-level home captures panoramic views across the channel to the mainland and down to Jacobs Well. A rare opportunity offering genuine lifestyle appeal, income potential, and future value.

The home enjoys a commanding outlook over the western side of Russell Island, where every day feels like a holiday.

Property Highlights

Expansive water views with absolute tranquility
Three-storey design with dual-living potential
Self-contained flat on the lower level ideal for guests or holiday letting income
Two bedrooms with built-in robes on the main level
Open-plan living and dining areas with timber-raked cathedral ceilings
Air conditioning for year-round comfort
Walkway to the waters edge perfect for fishing or kayaking
Carport parking
In-ground pool (requires new lining)
The property would benefit from some TLC a wonderful project to enhance a truly special home

This is not just a house its a lifestyle upgrade. Enjoy morning coffees on the deck, quiet evenings overlooking the water, or weekends boating and exploring the islands.

Why Russell Island

Only 20 minutes by ferry to Redland Bay, Russell Island offers a relaxed coastal lifestyle surrounded by nature. The island boasts strong rental demand, increasing property values, and a welcoming community. Wahine Boat Ramp is just minutes away, giving easy access to the waterways and beyond.

Flexible Viewing Options

Jetty pickups available
Private inspections by appointment
Area maps and island tours on request
FaceTime viewings available for interstate or overseas buyers

Contact
Rhys Franz 0482 171 300
Simon Gordon 0448 884 625
Office 07 3409 2288
Website: www.islandlife.au

Island Life REIQ Accredited & Trusted Local Experts

REIQ Small Residential Agency of the Year Finalist 2025
Queensland Business Contribution to Community Finalist 2025

Disclaimer: While every effort has been made to ensure accuracy, prospective purchasers should conduct their own investigations to verify all information provided.

Property History for 40 Deenya Pde, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Listed for Rent
$330/w
28 Mar 2015
  • 24 Jun 2026
    Listed for Sale FOR SALE
  • 11 Nov 2025
    Listed for Sale Not Disclosed
  • 13 Feb 2015
    Listed for Rent - Price not available
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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 9,388 properties. Over the last 5 years, Houses in Russell Island have seen a 102.80% increase in median value, while Units have seen a 99.83% increase. As at 31 May 2026:

  • The median value for Houses in Russell Island is $539,944 while the median value for Units is $940,651.
  • Houses have a median rent of $450.
There are currently 373 properties listed for sale, and 14 properties listed for rent in Russell island on OnTheHouse. According to Cotality's data, 657 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.