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140 Canaipa Road, Russell Island$489,000
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Soldhouse

140 Canaipa Road

Russell Island, QLD 4184, Australia
$489,000
2 bed 1 bath 1 car622 m²

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About this property

Charming Island Cottage on Canaipa Road Discover your ideal island escape, perfectly suited for relaxed living, a holiday home, or a smart investment opportunity. Property Highlights: Two spacious bedrooms Comfortable and inviting One well-appointed bathroom Functional and modern Open-plan kitchen and dining Ideal for everyday living and entertaining Covered verandah Enjoy the island breeze year-round Generous 622m² block Larger than most, fully fenced and low maintenance Investment Potential Estimated rental return of approximately $440 per week (subject to market conditions). Location Highlights Concrete pathway all the way into town perfect for walking or riding Short drive to Super IGA, State School & local amenities Short drive to cafés, clubs, parks & swimming pool Easy access to ferry terminal for mainland commuting Why Russell Island? Russell Island is the largest of the Southern Moreton Bay Islands, offering a unique balance of lifestyle and accessibility with a 20-minute passenger ferry to Redland Bay Marina. Boating & fishing lifestyle Relaxed coastal living Strong investment appeal Growing commuter market Affordable entry point compared to mainland property The Island Life Difference Jetty pick-ups available for inspections Private property tours & local area insights FaceTime and virtual inspections available Trusted Local Experts Locals for Locals Contact Our Team Rhys Franz 0482 171 300 Russell Island Agent of the Year 2025 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 REIQ Accredited Agency Disclaimer: While every effort has been made to ensure accuracy, prospective purchasers are encouraged to verify all information independently. A Seller Disclosure (Form 2) will be provided prior to contract.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
622 m²
Listed
2 months ago

Repayment calculator

$2,371/month
$1,185 /fortnight
Loan $391,200 at 6.10% over 30 years

Upfront costs

Deposit$97,800
Stamp duty$15,540
Conveyancing (est.)$2,000
Total upfront$115,340
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Russell Island

This 2-bedroom house in Russell Island, QLD 4184 sits within reach of and nearby schools. It is listed 76% above the $278,000 median of 72 comparable houseswithin 5 km.

Schools near Russell Island

  • Russell Island State Schoolprimary · Prep-6 · CoEd

Russell Island at a glance

Full suburb profile
Population
3,698
Median age
59
Household income
$756/wk
Median rent
$260/wk
Median mortgage
$867/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Russell Island price trend

Median sold · House 2 bed

Compound growth +14.3% / yr over 4 yrs

$435kcurrent median

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