27 Dempsey Street, Russell Island QLD 4184

New northern island house | sealed road access | modern off-plan build | 5.2% rental yield potential This property offers a rare combination of a brand-new build on a sealed road in Russell Island’s northern precinct, a location that commands a premium for its proximity to the ferry terminal and reduced travel friction. The modern construction eliminates immediate maintenance concerns and appeals to buyers seeking a turnkey island residence. With a strong rental yield estimate of 5.2%, the house presents a viable option for investors targeting the entry-level island market or owner-occupiers wanting a contemporary home without renovation risk. The bushfire overlay is a specific risk that may affect insurance costs and future landscaping choices, though no flood or heritage constraints apply. The property’s off-the-plan status means the buyer cannot inspect the finished build before committing, introducing uncertainty around finish quality and completion timing. However, the lack of recent comparable sales in this precise location may present an opportunity for negotiation, as the vendor’s price expectations are not yet tested by the market. The island’s ferry-dependent access remains a lifestyle constraint that limits buyer pool depth.