Median priceⓘLast 12 months
500kk
↑ +19.3% YoY
House sales dominate Russell Island, with 294 sales (up 18.5%) at around $500K (up 19.3%), taking about 75 days to sell (up from 71 days last year), with prices growing faster than most house markets nationally, with 3-bedroom homes making up around 60%.
House rentals come a distant second, with 154 leases (up 10%) at $465 a week (up 4.5%), renting out in about 26 days, with 3-bedroom homes making up around 60%.
Who lives hereA low-income, mostly owner-occupied, retirement-age suburb — multicultural and newcomer-heavy.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
14% report Irish ancestry, but only 0.2% were born in Ireland — the gap is the Australian-born and diaspora Irish community, invisible in birthplace alone.
A mix of established and newer migrant families.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.7× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
1 school inside Russell Island, plus the closest options around it. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
How settled or transient the community is — and where newcomers came from.
Headline price, rent, yield and time on market for Russell Island — choose a property type and size below.
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Eight diagnostic views cutting the data a different way each time — Russell Island in blue, peers in colour.
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Every market within reach of Russell Island, ranked by distance — each compared against this suburb's Houses · Total segment so divergence reads at a glance.
QLD markets whose Houses · Total segment behaves most like Russell Island's on the buy side — ranked by a like-for-like blend of price, yield, days on market, ownership cost and cycle phase.
Comparable sales markets to Russell Island include Macleay Island (QLD 4184), Blackbutt (QLD 4314), Nanango (QLD 4615), Killarney (QLD 4373), Murgon (QLD 4605), Lamb Island (QLD 4184), Babinda (QLD 4861) and Childers (QLD 4660). Each link opens that suburb's full market report.
21 data-driven answers about Russell Island's property market — every one computed from the metrics above.
The median house price in Russell Island, QLD 4184 is $500k as of June 2026, based on 294 sales recorded over the past 12 months. Houses there have moved +19.3% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
The median weekly house rent in Russell Island is $465 as of June 2026, drawn from 154 leases over the past 12 months. House rents have moved +4.5% year-on-year. Current vacancy pressure is shown in the supply section above.
Gross rental yield in Russell Island is 4.70% for houses as of June 2026, compared with the QLD unit median of 4.35%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
As of June 2026, Russell Island medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $428k | $530k | $629k | $500k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
Russell Island's property market trends to June 2026: house prices rose +19.3% year-on-year; weekly house rents moved +4.5%; homes now sell in a median 75 days — slower than a year ago by 4; sales supply sits at 5.5 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Russell Island market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
As of June 2026 in Russell Island, house prices rose +19.3% over the year, gross rental yield is 4.70% against a QLD median of 3.71%, houses take a median 75 days to sell, sales supply is 5.5 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
Houses in Russell Island sell in a median 75 days on market as of June 2026. Days on market have lengthened by 4 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Russell Island's sales market sits at 5.5 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 1.5 months of supply.
House prices in Russell Island moved +19.3% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
Russell Island's house rental market sits at 1.5 months of supply as of June 2026 — classified as Balanced, with 154 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Russell Island's house market is currently in the 'softer_weakening' phase as of June 2026 — combining low sales velocity (bottom quartile nationally) with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
Russell Island's median house price ($500k) is 48% below the QLD median ($960k) as of June 2026. On selling speed, houses clear in 75 days vs 26 days state median. On gross yield, Russell Island sits at 4.70% vs 3.71% state median.
Russell Island's most-similar nearby market is Macleay Island (7.9 km away) with a median house price of $567k — about 13% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
The most-transacted segment in Russell Island over the 12 months to June 2026 is 3 bed houses with 176 sales. 2 bed houses come second at 73 sales. The 'Most popular' panel above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
Russell Island recorded 294 house sales and 0 unit sales over the 12 months to June 2026 — a combined 294 transactions. On the rental side, 154 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
Russell Island, QLD 4184 is home to 3,698 residents (ABS Census 2021). The median resident age is 59, and the average household holds 1.9 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
The median household in Russell Island earns $756 per week — roughly $39k a year (ABS Census 2021). Median personal income runs $449/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
Russell Island is mostly owner-occupied: about 72% of households are owner-occupiers and 26% rent (ABS Census 2021). Of owners, 50% own outright and 22% are paying off a mortgage.
Russell Island has 49 schools within reach, 1 of them inside the suburb itself — including Russell Island State School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Russell Island, QLD 4184 has a population of 3,698, a median age of 59, a median household income around $756/week, 26% of households renting (ABS Census 2021). There are 49 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
This Russell Island market data was last updated June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.
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