7 Wakehill Road, Russell Island, QLD 4184 | Property Value & History | OnTheHouse
FOR SALE

7 Wakehill Road
Russell Island QLD 4184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 536m2
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Property Details for 7 Wakehill Rd, Russell Island

7 Wakehill Rd, Russell Island is a 2 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 536m2 and floor size of 83m2.This Property is currently listed for sale with Island Life

Building Type
House
Year Built
1980
Floor Size
83m2
Land Size
536m2
Local Government
Redland
Lot/Plan
379/RP132796

Last Listing description (July 2026)

*Building & Pest report available - inspected on 02/07/2026*

Don't miss this fantastic opportunity to secure a charming high-set Queenslander. Offering character, potential & lifestyle. Priced at $465,000, this home has space and endless potential. Whether you're looking for your first home, an investment property or your next renovation project, this well-presented home is well worth your inspection.

Featuring polished timber floors, high ceilings and a beautifully updated kitchen with timber benchtops, the home retains its classic Queenslander charm while offering comfortable modern living. Downstairs provides a huge high ceiling height area with exciting potential to create additional living space, bedrooms or a bathroom (subject to the necessary approvals), making this a property you can truly add value to over time.

Set on a generous, fully fenced allotment, there's plenty of room for children, pets, boats or caravans, while still enjoying the relaxed lifestyle Russell Island has to offer.

Property Features

Two generous bedrooms

Study/sleepout

Well-appointed bathroom

Spacious separate lounge room

Open-plan kitchen and dining area

Modern kitchen with quality timber benchtops

Polished timber floors throughout

High ceilings with classic Queenslander character

Air-conditioned living area

Huge legal-height area underneath with outstanding potential for further development (subject to approvals)

Fully fenced, level allotment

Rainwater tank for gardening

Why Russell Island?

Just 20 minutes by passenger ferry to Redland Bay

Easy access to Brisbane and the Gold Coast

Fantastic boating, fishing and water sports

Beautiful conservation areas and scenic walking trails

Relaxed island lifestyle with a welcoming community

Strong growth and excellent long-term investment potential

The Island Life Difference

Jetty pick-ups available

Property inspections and island tours

Area maps and local knowledge

FaceTime and virtual inspections available

Trusted Local Experts Locals for Locals

Rhys Franz 0482 171 300

Russell Island Agent of the Year 2025

Simon Gordon 0448 884 625

Office 07 3409 2288

www.islandlife.au

Small Residential Agency of the Year Finalist 2025

Contribution to Community Award Finalist 2025

REIQ Accredited Agency Trusted Local Experts

Disclaimer

Whilst every effort has been made to ensure the accuracy of this information, interested parties should make their own enquiries. Images, floor plans and marketing material may include virtual staging, AI enhancements or digital editing for marketing purposes and should not be relied upon as an exact representation of the property.

Property History for 7 Wakehill Rd, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$200,000
26 Jul 2021
Listed for Rent
$200/w
26 Aug 2019
  • 04 Jul 2026
    Listed for Sale $469,000 - All offers considered
  • 26 Jul 2021
    Sold for $200,000
  • 10 Nov 2020
    Listed for Sale $200,000
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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 9,449 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:

  • The median value for Houses in Russell Island is $543,009 while the median value for Units is $979,222.
  • Houses have a median rent of $450.
There are currently 375 properties listed for sale, and 13 properties listed for rent in Russell island on OnTheHouse. According to Cotality's data, 679 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.