3 Taylor Street, Russell Island QLD 4184

| Russell Island | 506m² block | 2-bedroom house | 2-bathroom | 2-car spaces | This property occupies a standard Russell Island block with a modest two-bedroom house, a configuration that is straightforward and functional. Its primary strength lies in its affordability and complete package for a buyer seeking a low-barrier entry into the Queensland market. The two-car spaces add practical value, and the house format suits a buyer who wants a standalone dwelling without the premium of larger homes. It serves best as a permanent residence for a budget-conscious owner-occupier or as a rental investment in a market with steady demand for basic housing. The key risk is the property’s location on Russell Island, which carries known logistical and resale challenges due to ferry dependence and limited local services. The $520,000 estimated value suggests the asking price may be slightly above market, so a buyer should negotiate to align with the lower end of the value range. The flat EER of 0.0 indicates poor energy performance, which will increase ongoing utility costs and may require future upgrades. The conflicting sale dates in the history signal potential listing inaccuracies, so a buyer must verify the actual transaction history. The opportunity is to secure a simple, low-maintenance house in a market that still offers relative value compared to mainland suburbs. Hold this property as a long-term residence or rental, and prioritize energy improvements to reduce running costs.