58 Bay Drive, Russell Island, QLD 4184 | Property Value & History | OnTheHouse
OFF MARKET

58 Bay Drive
Russell Island QLD 4184

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 58 Bay Dr, Russell Island

58 Bay Dr, Russell Island is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1970
Local Government
Redland
Lot/Plan
39/RP130232

Last Listing description (October 2023)

Just Listed - Water Views

Exclusive listing
Rare opportunity to own a high set home on the beautiful Bay Drive, the Islands premier location. The views from this property are stunning.
This home is perfect for those looking for a peaceful lifestyle in a sought-after area, with easy access to local amenities.

Enter the home onto the polished hardwood timber floors which are in excellent condition, adding warmth and character to the home.
Well-appointed large, updated kitchen with new appliances and plenty of storage. The home is perfect for entertaining guests whilst overlooking the water.

The massive, covered verandah is an ideal spot for relaxing and enjoying the amazing North facing water views.
All three bedrooms come with built-in wardrobes for added convenience. The home is equipped with solar panels, which will help you save on electricity bills. The double carport and water tank add extra functionality to the property.
The huge area under the house that is more than legal height makes it perfect for use as a workshop and secure storage space, or future potential for additional living space.
The property is currently tenanted at $480 per week; that's 5.6%+ return on investment based on the listed price and has an excellent tenant on a short-term lease. This property can be bought as an investment property or purchase as your Island home.
The location of this home is unbeatable, easy access to all the island's amenities. Enjoy the island lifestyle with its pristine waterways, stunning natural scenery, and friendly community.
This is a superb property and its very rare for one in this area and views to come onto the market.
This home will attract a lot of interest, don't miss out on this incredible opportunity to own a home with water views on beautiful Russell Island. Contact us today to arrange an inspection and secure your island dream home.

Contact us to arrange your pick up from the jetty, property viewings, free map and Island tour.
Call, text or email for a private inspection or a face time walk through.

Simon 0448 884 625 / email: simon@islandlife.net.au
Office Kylie or Kim 07 3409 2288
www.islandlife.auIsland Life the Islands Independant agents Simon, Kim and Kylie "The local agents"
Registered agents REIQ 2023

Property History for 58 Bay Dr, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$415,000
05 Jun 2023
  • 05 Jun 2023
    Sold - Price Undisclosed
  • 12 Apr 2023
    Listed for Sale Sold By Simon @ Island Life
  • 28 Dec 2022
    Listed for Sale Sold By Kat T Barclay
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About Russell Island 4184

The size of Russell Island is approximately 17.8 square kilometres. It has 64 parks covering nearly 13.3% of 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 9,401 properties. Over the last 5 years, Houses in Russell Island have seen a 107.33% increase in median value, while Units have seen a 99.83% increase. As at 30 November 2025:

  • The median value for Houses in Russell Island is $494,264 while the median value for Units is $818,918.
  • Houses have a median rent of $440.
There are currently 420 properties listed for sale, and 22 properties listed for rent in Russell island on OnTheHouse. According to Cotality's data, 618 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.