10 Rampart Drive, Russell Island QLD 4184
10 Rampart Drive, Russell Island QLD 4184
10 Rampart Drive, Russell Island QLD 4184 is a 577 m² parcel that was sold in 2025 for $65,000; listing data conflicts on whether it is recorded as a vacant land parcel or as a house/land listing with no bedrooms and no parking, but the sale price and lot size are consistent across sources. The property was listed for sale as a vacant land in Russell Island.
Vacant residential lot | serviced with power and water | near all-tide boat ramp | low entry price point | inconsistent listing records
This property is recorded as a 577-square-metre vacant lot with power and water running past the boundary and close proximity to the Wahine Drive all-tide boat ramp. Its low entry price positions it as an accessible land opportunity on Russell Island, appealing primarily to owner-builders or lifestyle buyers seeking a weekend escape with future build potential. The bush setting and boat-ramp access are characteristic of the islands low-density residential stock, where undeveloped lots and modest homes coexist. This configuration is competitively strong for those comfortable with island logistics rather than buyers seeking a turnkey house.
Uncertainty for valuation may be created by inconsistent listing data across sources, as the property is described alternatively as land or a dwelling with no bedrooms. Its value might be influenced by the availability of services and the clarity of its built status. The cost of future development and island transport costs may need to be considered when a view on price is formed.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Rampart Drive, Russell Island QLD 4184
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Russell Island offers an affordable entry into the southern Moreton Bay property market, characterised by diverse housing and a relaxed island lifestyle. Demand is driven by retirees, families, and investors seeking lifestyle change or capital growth, attracted by low median prices around $430k-$479k and natural beauty. Recent annual house price growth is strong, ranging from 10% to 15.5%, though the market exhibits caution with median days on market varying from 58 to 153 days. Future growth is underpinned by land availability and increasing interest in island retreats, yet reliance on ferry access and variable sales volumes present inherent constraints to broader appeal.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
577m²
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