2 Titala Street, Russell Island QLD 4184
2 Titala Street, Russell Island QLD 4184
2 bedrooms, 1 bathroom, 84 square meters internal, 496 square meters land, 2 parking spaces. Built 1920, fully renovated Queenslander with water views to Stradbroke. This house is a rare turnkey option on Russell Island where most homes need work, and its prime block and old world charm create a clear standout.
Competitive strengths are found in the fully renovated condition paired with a commanding water aspect-a combination that is seldom available. The property’s large rooms and dedicated living areas offer more space than many older layouts, and the renovation has preserved the character while removing the need for immediate repair or upgrade. On Russell Island, where the typical housing stock is either unrenovated or land-only, this house commands attention as a high-quality exception. It serves best buyers who want a move-in-ready home with genuine character, whether they are investors seeking low-maintenance appeal in a limited supply niche, or retirees drawn to a single-storey layout with water views and immediate comfort. The suburb itself offers a maritime village atmosphere, and this property’s finish and position elevate it above the majority of what is available.
Factors that may materially affect value include the building’s age; even after a full renovation, a 1920 structure might require ongoing attention to timber and roofing integrity over time. The reliance on ferry access for mainland employment and services could narrow the buyer pool, and the absence of prestigious local schools is a constraint for some families. However, the quality of the renovation and the view’s scarcity within the island might provide price support, particularly as supply of similarly finished homes remains tight. Buyers should weigh these factors when forming a view on overall worth.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Titala Street, Russell Island QLD 4184
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
497m²
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