8 Bay Drive, Russell Island, QLD 4184 | Property Value & History | OnTheHouse
FOR SALE

8 Bay Drive
Russell Island QLD 4184

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 708m2
This property is currently on the market
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Property Details for 8 Bay Dr, Russell Island

8 Bay Dr, Russell Island is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 708m2.This Property is currently listed for sale with Island Life

Building Type
House
Land Size
708m2
Local Government
Redland
Lot/Plan
43/RP133531

Last Listing description (June 2026)

Coastal High-Set Home with Dual Living Potential

Positioned on sought-after Bay Drive just moments from the Canaipa Passage, this beautifully restored high-set home combines timeless charm with modern comfort on a generous 708m block. Offering water glimpses towards Stradbroke Island, polished interiors, and excellent potential downstairs, this property presents the perfect island retreat, family home, or investment opportunity.

Property Features

Three spacious bedrooms with ceiling fans
Two bedrooms with built-in wardrobes
Renovated bathroom with separate toilet
Stylish modern kitchen with island bench, wall oven, generous cabinetry, and new appliances
Open-plan living and dining area
Polished timber floorboards throughout
Ceiling fans throughout the home
Expansive entertaining deck capturing coastal breezes and water glimpses

Lower Level Potential
The solid steel-frame lower level offers outstanding scope for dual living, guest accommodation, or additional living space with plumbing already in place for:
Bathroom
Laundry
Rumpus room
Double garage

Additional Features
Modern lighting and fixtures
Fully fenced backyard
Elevated position with privacy and peaceful outlook
Excellent opportunity to add further value downstairs

Why Russell Island?
Russell Island is the largest of the Southern Moreton Bay Islands and is just a 20-minute passenger ferry ride to Redland Bay Marina, keeping Brisbane and the Gold Coast within easy reach.

Enjoy:
Boating and fishing lifestyle
Minutes to Wahine Drive Boat Ramp and surrounding waterways
Natural surroundings and relaxed pace
Growing commuter community
Strong investment appeal
Affordable island living compared to many mainland locations

The Island Life Difference
Jetty pick-ups available
Property inspections and island tours
Area maps and local insight
FaceTime / virtual inspections available

Trusted Local Experts Locals for Locals

Rhys Franz 0482 171 300

Simon Gordon 0448 884 625

Office 07 3409 2288

Island Life Property Sales & Rentals

Small Residential Agency of the Year Finalist 2025
Contribution to Community Award Finalist 2025
Russell Island Agent of the Year 2025

REIQ Accredited Agency Trusted Local Experts

Rhys was simply delightful to deal with. We highly recommend him for anyone buying or selling on the islands.

Disclaimer: While every effort has been made to ensure accuracy, prospective purchasers are encouraged to verify all information independently.

Property History for 8 Bay Dr, Russell Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$470,000
07 Apr 2025
Listed for Rent
$450/w
14 May 2024
  • 08 May 2026
    Listed for Sale SOLD
  • 07 Apr 2025
    Sold for $470,000
  • 29 Mar 2025
    Listed for Sale $475,000 - SOLD BY RHYS
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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 9,372 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, 659 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.