78 Falconhurst Rd, Russell Island is a 3 bedroom, 2 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Russell Island in the last 12 months.
Dual Living Opportunity in a Quiet Island Setting
Positioned on a generous 556m block in a peaceful pocket of Russell Island, this architecturally designed residence offers genuine dual-living flexibility with separate entry and services to both levels ideal for investors, extended families, or live-in-plus-income buyers.
Soundproofing between levels and individual sub-meters for water and electricity provide privacy and practical utility management.
Upstairs Main Residence
2 bedrooms with built-in robes and ceiling fans
Striking glass walls capturing natural light and greenery
Open plan living flowing onto a large entertaining deck
Well-appointed kitchen with electric appliances and dishwasher
Modern bathroom
Air conditioning
Light-filled and thoughtfully designed to embrace the surrounding natural setting.
Downstairs Self-Contained Studio
1 bedroom with built-in robe
Well-planned open living space
Kitchen with electric appliances
Modern bathroom
Air conditioning
Separate entry
Perfect for dual occupancy, guest accommodation or additional rental income.
Additional Features
Soundproofing between levels
Water and power sub-meters installed
Concrete driveway for off-street parking
Garden shed
Fully fenced yard
Proven Rental Returns
Previously tenanted at: Upstairs $360 per week / Downstairs $300 per week
Total $660.00 per week
Strong dual-income potential in a high-demand island market.
Why Russell Island?
Russell Island is the largest of the Southern Moreton Bay Islands and just a 20-minute ferry ride to Redland Bay Marina, placing Brisbane and the Gold Coast within easy reach.
Boating and fishing lifestyle
Natural surroundings and relaxed pace
Strong investment appeal
Growing commuter community
Affordable compared to mainland property, yet highly accessible.
Contact Our Team
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
Dual living properties with proven returns are rare. Whether investing, accommodating family, or securing your own island lifestyle, this property presents genuine opportunity.
Disclaimer: While every effort has been made to ensure accuracy, prospective purchasers are encouraged to verify all information independently.
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:
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