5 Bay DriveRussell Island QLD 4184
Property Details for 5 Bay Dr, Russell Island
5 Bay Dr, Russell Island is a 4 bedroom, 1 bathroom House. The property has a land size of 1410m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (April 2026)
Discover the potential of this 4-bedroom waterfront property situated on a sprawling 1410m2 land in the coveted location of 5 Bay Drive, Russell Island. Priced affordably, this is an excellent opportunity to secure a slice of paradise with breathtaking views of Moreton Bay. While the house requires some TLC to reach its full potential, the solid construction, prime location, and expansive land size make it a promising investment.
The residence, crafted from enduring brick and Australian hardwood with Cypress pine framing for termite resistance, stands elevated at 13m above sea level. Its north-facing orientation ensures stunning views of the glistening waters, providing an idyllic setting to witness Dugongs feeding in Ooncooncoo Bay. The wild bush feel of the generous land, adorned with beautiful trees, creates a shady and cool atmosphere during the summer months.
Boasting a wide 27-meter water frontage with access through the mangroves, the property offers a unique island outlook. Various treated pine timber structures scattered around the premises provide versatility for shadehouses, gardening, or even keeping chooks.
Step inside to a warm and cozy living area that maximizes the sea views through strategically placed windows and doors. The fireplace, brushbox timber flooring, and spotted gum and cypress timber walling add character to the interior. The functional kitchen also captures sea views, presenting a pleasant space for culinary activities.
The upper level hosts a very spacious main bedroom with a privileged position to wake up to stunning water views each morning. The second bedroom features wide hoop pine floorboards and a space that can be easily transformed into a walk-in wardrobe. Downstairs are two more bedrooms and the partly renovated bathroom with a new electric extra-large hot water cylinder.
A substantial rumpus room/workshop at the front could potentially be converted into a garage.
Ideal for a builder or handyman, this property requires work but still holds immense potential.
Contact Kat Gawlik from T. Barclay Real Estate at 0497 887 953 to arrange a private inspection and explore the possibilities. Make an offer today and turn this renovation project into your dream coastal retreat!
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here.
Property Code: 2676
Property History for 5 Bay Dr, Russell Island, QLD 4184
- 10 Jun 2024Sold for $602,500
- 03 Jan 2024Listed for Sale Contact Agent
- 02 Dec 1987Sold for $25,000
Recent sales nearby
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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 9,455 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:
- The median value for Houses in Russell Island is $537,941 while the median value for Units is $847,593.
- Houses have a median rent of $460.
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