15 MEADSTONE STREET, RUSSELL ISLAND QLD 4184

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Location

Market Insights for Russell Island QLD 4184

New Listings (last 30 days)

Average price

$626,495

Lowest price

$419,000

Highest price

$899,950

15 Meadstone Street, Russell Island QLD 4184

$499,000

Search Band

$499k - $524k Transparent Based on an openly advertised listing price.

House 3 beds 1 bath 1 car 592 m²

Listed: 18 days ago

Updated: 18 hours ago

Overview

This well-presented property located at 15 Meadstone Street, Russell Island, offers a versatile opportunity for both owner-occupiers seeking a comfortable island residence and investors looking for a ready-made asset. Situated on a substantial 592 square meter block with a fully fenced yard, the home ensures ample space and privacy, ideal for families with children or pets.

The residence features three comfortably sized bedrooms, including a main bedroom equipped with a large air-conditioning unit, enhancing year-round comfort. A two-way central bathroom is thoughtfully positioned to provide access from both the main bedroom and the living area, improving functionality and convenience.

The open-plan kitchen, dining, and living area forms a welcoming central hub within the home, seamlessly flowing onto a side verandah. This configuration not only enhances living space but also creates an inviting atmosphere for relaxation or casual entertaining, embracing the relaxed island lifestyle.

New floating floorboards and ceiling fans throughout contribute to a fresh and comfortable interior environment.
A large separate laundry and a separate toilet add to the home's practicality.
Excellent internal storage solutions aid in maintaining an organized living space.
The high carport accommodates a car, caravan, or boat, meeting diverse parking and storage needs.
A large garden shed enhances storage capacity for tools or recreational equipment.

The property's location offers sealed road access, ensuring ease of transportation and connectivity on Russell Island. Currently tenanted with the tenant preparing to vacate, buyers have the flexibility to move in immediately or confidently invest, supported by an indicative rental appraisal of approximately $480 per week, subject to market conditions at the time of leasing.

Practical and spacious, this home balances lifestyle, function, and investment potential, making it a smart move on Russell Island.

Local Market Insights

In Russell Island, Quiet Listings observed 22 new houses entering the market over the last 30 days, down from 32 during the previous 30-day period, with an average advertised asking price of $626,495. The property type mix of listed properties is predominantly Houses at 85%, followed by land (15%). The most active agency for houses in the Russell Island area is currently Island Life Property Sales and Rentals, representing 32% of new listings, followed by LJ Hooker with 32%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.