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5 Binalong Street, Russell Island$169,950
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5 Binalong Street

Russell Island, QLD 4184, Australia
$169,950
1089 m²

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About this property

Now, this is a different sort of block with an amazing view. At 1089m2 it offers two street frontages (Binalong and Channel), on a single title with views to Mt Cotton and Redland Bay. Located on the low-side of a no-through road, almost perched above the waterfronts of Mark's Road, it slopes to the South-West and faces North, taking-in water views and splendid sunsets. A new-build is going up next to the Channel Street section (to the South), giving a good indication of what you can do to achieve the best views and utilise the slope to its advantage. Others have bought this block thinking a kit-home will suffice. They were wrong! The site is certainly not flat and requires an architecture design that encompasses the features of the land and allows good access from either street. Imagine, a family home with a separate studio, at the same address? Obviously, you'll be looking for something outside the norm and engage qualified consultants to complete this build. The outcome will be worth the effort for the water views, alone. There's a light scrub on the Channel Street side with a few trees remaining. Binalong has been cleared at some stage and has sealed-road access. If you want to occupy this property and make it home, call our team on 07 3409 9900 today to arrange your personal inspection.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1089 m²
Listed
3 months ago

Repayment calculator

$824/month
$412 /fortnight
Loan $135,960 at 6.10% over 30 years

Upfront costs

Deposit$33,990
Stamp duty$4,373
Conveyancing (est.)$2,000
Total upfront$40,363
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 land in Russell Island, QLD 4184 sits within reach of and nearby schools. It is listed 43% below the $299,000 median of 61 comparable landswithin 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 3 bed

Compound growth +13.7% / yr over 4 yrs

$525kcurrent median

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