112 Kings Road, Russell Island QLD 4184
112 Kings Road, Russell Island QLD 4184
Island lifestyle block | Mixed street character | Variable land quality | Ferry-linked location | Broad buyer appeal
The property sits within a low-density island market where housing types range from compact cleared lots to substantial rural-style holdings, giving 112 Kings Road a flexible position in the local pecking order. If it aligns with the newer turnkey stock seen nearby, it offers modern finishes, fenced yards, and immediate occupancy, which suits first-home buyers or those seeking a low-maintenance island base. Alternatively, if it mirrors the larger acreage parcels on the same road, it appeals to buyers wanting space for sheds, boats, or hobby use. The street itself is not uniform, so the property’s specific configuration will determine its competitive edge—either as a move-in-ready home or a lifestyle block with room to shape. The island’s ferry dependence and marine recreation focus attract a particular buyer profile: commuters accepting water access and lifestyle purchasers prioritising space and utility over urban convenience.
Value may hinge on whether the house sits on a standard residential lot or a larger holding, as land size drives price more than dwelling age in this market. Flood and bushfire overlays can apply to nearby parcels, so the property’s specific overlay status might affect insurance costs or future development flexibility. Condition and presentation will matter—older stock may require upgrades, while newer builds command a premium for turnkey convenience. The absence of bridge access and reliance on ferry services may temper demand from mainland buyers, but for those committed to island living, the trade-off is accepted. Rental appeal could be modest unless the house offers practical features like sheds or low-maintenance finishes.
|| Comparables: 4-bed house on 3.91ha sold historically around $785k | 1-bed high-set house with shed listed near $400k | Property Price Band: $400k–$500k | Value Drivers: Land size, dwelling condition, overlay status
Detailed Independent Property Report prepared by PropCred Analyst team for 112 Kings Road, Russell Island QLD 4184
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Russell Island, an island suburb in southern Moreton Bay with no bridge access, is positioned as an affordable lifestyle market relative to the mainland. Demand is driven by retirees, families, and investors attracted to land availability, natural surrounds, and a close-knit community. Median house prices range from $430,000 to $479,000, with annual growth between 9.97% and 15.5% across sources. Rents average $445–$450 per week, producing a gross yield near 5% for houses. Sales volumes are inconsistent, ranging from 44 to 313 annually, and days on market stretch from 58 to 153 days, pointing to a thin, cautious buyer pool. Future growth relies on southern Moreton Bay development, while ferry dependence and limited access remain the principal constraints.
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PropCred Estimated Value
Comparables: 4-bed house on 3.91ha sold historically around $785k | 1-bed high-set house with shed listed near $400k | Property Price Band: $400k–$500k | Value Drivers: Land size, dwelling condition, overlay status
Bedrooms
2
Bathroom
2
Parking
2
Land
536m²
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