Property prices for sale in Russell Island (Queensland)

The prices in real estate in Russell Island, in the Queensland region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$207,861.17
Average price last 6 months
$240.33
Price/m² last 6 months
Average price per m2

The price per m² in Russell Island has increased strongly during the last 6 months. In September, the average price per m² was $116. In the following month the price per m² decreased considerably to $95. In the following two months the price per m² has increased 109 %, going from $105.5 to $115.5 per m². The price per m² has had a considerable increase of 452 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $110.5 to $500 during January, and February.

Average price

Based upon to the price in Russell Island (suburbs), this has gone up considerably in the last 6 months. The average price for September is $160,437. During October the price had a slight fall till $148,094. In the following two months the average price has remained the same with regard to the previous two months from $154,265.5 to $155,881.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 202 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $330,820 they are 3 % more affordable than the average price for Russell Island. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $362,674.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $428 / m², with an average $571 / m² price in Russell Island. The properties with the highest average prices have 1 bedroom. They are 64 % more expensive than the average followed by properties with 2 bedrooms with a price at $668 / m².

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $330,820 it is 68 % cheaper than the average price in Russell Island. "Vacant Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Vacant Land". At a price of $125,909 it is 50 % more affordable than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $133 / m² followed by "Vacant Land" priced at $147 / m². "Land" is the cheapest type of property with a $157 / m² value followed by "Vacant Land" with an average price of $147 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Russell Island
Number of properties used in region Queensland
$330,820
$571
2,978
242,486
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Spacious Living In A Great Location
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Russell Island, Queensland - For Sale - House - 3,096 m² - 4 bedrooms - 1 bathroom
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Russell Island, Queensland - For Sale - House - 1,744 m² - 6 bedrooms - 3 bathrooms
The island for work and need space for your whole team? Well, it is your lucky day, there is nothing like this on the island that fits what these dwellings offer you. So much...