Russell Island, QLD 4184
Good to know:
Russell Island, located in Queensland's Moreton Bay, bears the postcode 4184. As part of the Southern Moreton Bay Islands, it is a mix of residential and semi-rural living. The island is known for its affordability and natural beauty, featuring bushland, mangroves, and coastal views. Residents enjoy a laid-back lifestyle with basic amenities, including a primary school, shops, and cafes. Accessible by ferry, it attracts retirees, artists, and nature enthusiasts. Development and infrastructure are steadily progressing, making it an emerging choice for those seeking tranquillity close to Brisbane.
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Russell Island QLD 4184 property market shows a mix of attractive rental fundamentals and structural affordability and supply risks. Typical price for houses is $567,077, median rent is $471 per week and gross yield is 4.32% — a yield above the common 3% threshold that supports cash-flow potential for investors. Russell Island QLD 4184 property investment should be assessed with attention to very low socioeconomic score (IRSAD 798), extreme affordability pressure (54 years to own) and a dichotomy between low active stock on market (SoM 0.31%) and elevated months of inventory (6.74 months) plus above‑average building approvals (BA Ratio 2.52%).
Property market outlook
Supply and demand are mixed. Low Stock on Market (0.31% — opportune) means few listings at any one time, which can produce scarcity-driven pricing for motivated buyers, yet Inventory of 6.74 months (unfavourable) and BA Ratio 2.52% (unfavourable) indicate an accumulation of supply and near-term approvals that could weigh on price growth. Hold period (6.28 years; unfavourable) is below the balanced threshold, signalling higher turnover than many established suburbs — increased churn that can feed supply. Demand indicators are partially supportive: Vacancy is tight at 0.99% (opportune), keeping rental pressure constructive and supporting yields; Days on Market 87 days is neutral, and the Buy Search Index at 5 is in line with state averages. Clearance Rate is 0% (neutral), typically reflecting a low-auction market rather than weak demand. Data confidence is High.
Pros
- Yield: 4.32% gross yield on houses provides above‑minimum rental return and supports positive cash flow potential versus many coastal/regional markets.
- Rental tightness: Vacancy 0.99% suggests strong rental demand relative to supply, improving prospects for stable occupancy and rent growth.
- Low active listings: SoM 0.31% indicates limited advertised choice at any point, which can create opportunities for off‑market sourcing and negotiation leverage for buyers who are well-prepared.
- Unit exposure: Units/Houses ratio 0.0% (opportune) means the suburb is predominantly houses — useful for investors targeting land-rich, house-based appreciation dynamics rather than apartment risk.
Cons
- Socioeconomic score: IRSAD 798 (well below the neutral/opportune threshold) flags lower household incomes and potential price sensitivity; lower SES correlates with higher lending and resale risk in downturns.
- Affordability stress: 54 years to own is extreme — such poor affordability reduces local owner-occupier purchaser depth and increases reliance on a narrow buyer pool (investors, retirees, or lifestyle buyers).
- Inventory & approvals: Inventory 6.74 months and BA Ratio 2.52% indicate medium-term supply pressure; new approvals could add competitive stock and cap short-term capital growth.
- Hold period and churn: Average hold period 6.28 years implies more frequent resales, reducing the “tightly held” premium that supports long-run scarcity gains.
- Market sophistication: Neutral buy-search and DOM metrics suggest limited buyer competition; combined with socioeconomic headwinds, capital growth may be constrained compared with higher‑SES coastal or commuter markets.
Investment strategies
- Yield-first buy-and-hold: Target houses that deliver the 4%+ gross yield for steady cash flow. Given the low vacancy, focus on properties with low maintenance exposure and reliable tenant appeal (e.g. three‑bed family homes, waterfront access if applicable).
- Value-add renovation: With moderate typical price, consider cosmetic or amenity upgrades that raise rents and marketability — improve kitchens/bathrooms, provide off-street parking and storage to attract longer-term tenants.
- Selective leverage and buffer: Given low IRSAD and very poor affordability, avoid aggressive gearing. Maintain larger serviceability buffers and stress-test scenarios for rate rises and rental voids.
- Off-market and negotiation focus: Use low SoM to your advantage by cultivating contacts and buyers‑agents; where active listings are scarce, off‑market deals and vendor-ready opportunities yield better pricing.
- Shortlist monitoring strategy: Track BA Ratio and Inventory monthly; if approvals and months of supply continue to rise, delay growth-oriented bets and prioritise cash-flow defensive assets instead.
- Exit and refinance planning: Build longer time horizons (5–10+ years) into your strategy because local socioeconomic constraints and supply pipeline may delay strong capital appreciation.
Is Russell Island QLD 4184 a good suburb to invest in?
Russell Island QLD 4184 can be a suitable pick for investors prioritising rental income and prepared for lifestyle/regional market dynamics, thanks to a healthy gross yield (4.32%) and very low vacancy. It is less attractive for investors seeking accelerated capital growth or premium resale liquidity because of a low IRSAD (798), very poor affordability (54 years), and signs of rising supply (inventory and approvals). For buyers‑agents and sophisticated investors the suburb is attractive for select, conservatively‑geared buy‑and‑hold strategies and for sourcing off‑market opportunities; it is less suitable for speculative, highly‑geared growth plays.
About HtAG Analytics Data
HtAG reports a base set of suburb metrics used in our assessments: Typical Price, Median Rent, Sales and Rentals counts, % Change over periods, Gross Rental Yield, Capital Growth (annualised estimate plus low/high bounds), Total RoI (Yield + CG), Rent Increase (annual estimate), Volatility Index (MAPE-based), Confidence (data reliability), Relative Composite Score, IRSAD, Renter/Owner Ratio, Unit/House ratio, Unit/House Value ratio (where relevant), Years to Own (Affordability), Growth Rate Cycle (GRC), Stock on Market (SoM and SoM%), Inventory (months of supply), Building Approvals and BA Ratio, Hold Period, Days on Market, Discounting, Vacancy Rate, Vacancies, DoRM, Buy & Rent Search Index, Auction Clearance Rates, Population, Estimated Dwellings, School Rank, Non-residential Approvals per Capita, Annual Sales Volume and Distance to CBD. There are additional specialised metrics available on suburb dashboards; the list above represents the core measures we use for initial shortlisting and comparative analysis.
The guiding principle behind HtAG metrics is capturing both current market conditions and historical trends to enable relative, point-of-purchase analysis. In a suburb context such as Russell Island QLD 4184, our approach differs from providers that mainly redistribute public datasets for broad commentary. HtAG curates and models metrics specifically to compare local markets at the suburb/dwelling-type level, introducing measurement and curation nuances that change how indicators (for example yield, vacancy and approvals) are interpreted for actionable investment decisions.
Note this snapshot reports current value metrics for Russell Island QLD 4184 but does not present trends over multiple periods — trends can materially alter the investment case. Some metrics carry more weight depending on investor objectives (income vs growth), and different investors will select different suburbs based on budget, borrowing capacity, risk appetite and timeframes. HTAG specialises in shortlisting and relative ranking tailored to individual criteria rather than a one-size-fits-all output; for professional investors and buyers‑agents we recommend running a relative analysis across a curated set of suburbs aligned to your strategy before committing capital.
Updated: 1 May 2026
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Quick Area Stats
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Bushfire Risk Index
Flood Risk Index
Education & Infrastructure
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School Rank
Infra. Spend
Market Trends
Essential metrics effectively streamline the process of identifying markets that match your financial situation and investment objectives. Typical Price, Indicative Yield and Total ROI provide a swift means to shortlist areas that resonate with what you’re seeking and can afford. These metrics also serve as valuable general trend indicators, allowing you to visualise transaction volumes and dynamics of change.
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The Growth Rate Cycle (GRC) is a metric used to analyse the year-on-year change in property values, providing insights into the growth cycle of a particular area. It uses the “typical price” metric to gauge property values more accurately than median prices, and includes both actual and projected data for the current year.
Fundamental metrics play a vital role in providing a comprehensive analysis of the socio-economic environment within a specific suburb or region. Additionally, the Return on Investment (ROI) and Volatility Index are crucial metrics that aid in evaluating the prospective profitability and the level of risk or stability in the market.
Socio-economics
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IRSAD
Renter to Owner
Units to Houses
Projections
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Projected Annual ROI
Volatility Index
Quick Area Stats
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Annual Sales Volume
Annual Rentals Volume
Stock on Market
Building Approvals
Inventory
Hold Period
Supply metrics are crucial in gauging both the existing volumes of real estate listed for sale and the properties anticipated to enter the market soon. A diminished supply could signal opportunities for price appreciation, particularly when there’s corresponding buyer demand to buoy the market. The Stock on Market and Inventory level metrics (current values) are presented as a 3-month rolling average of monthly data shown in the charts. This means the last 3 months of data are averaged. The BA Ratio represents the proportion of building approvals over the latest 12 months relative to the total dwellings in the area.
Days on Market
Search Index
Vacancy Rate
Clearance Rate
Demand metrics underscore the level of interest that potential property buyers or tenants have in a specific suburb or locality. When demand outstrips the available supply, or if the supply fails to meet the intensity of buyer/renter interest, there’s a potential for prices to climb, underscoring the pivotal relationship between demand dynamics and property value trends. The Days on Market and Clearance Rate metrics (current values) are presented as a 3-month rolling average of monthly data shown in the charts. This means the last 3 months of data are averaged.
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The total adult population (15 years or older) of Russell Island 4184 QLD is 3,349, with a median age of 59. Of those, 38.16% are married, 26.90% are divorced or separated, 28.19% are single and 6.81% are widowed.
The average household size is 1.9 people per dwelling, and the median household monthly income is estimated to be $3,716. The median monthly mortgage repayment for households in this suburb is $867 which is 23.33% of their earnings.
Source: ABS Census Data (2021)