Thinking about buying in East Russell? Now could not be a better time, with just 229 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $537,000 with prices in this suburb ranging from $399,000 to $1,411,000. East Russell is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $150.00 |
| Median Monthly Mortgage | $1443.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 55.00 |
| Average Income | $624.00 |
| Average Cars Per Dwelling | 2.07 |
| Average Properties Within 50M | 11 |
Housing Stock
Average Property Prices
| 1 Bed $399,000 |
| 2 Bed $607,000 |
| 3 Bed $487,000 |
| 4 Bed $615,000 |
East Russell Real Estate Market Outlook
In East Russell there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in East Russell is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in East Russell changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in East Russell necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in East Russell we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make East Russell a better buying opportunity than it may have been in the past.
Houses for sale East Russell
|
lot 14 kruckow rd, east russell, qld, 4861 |  1 |
 1 |
 5 |
$747,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of East Russell there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
East Russell weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 23.9 | 23.0 | 31.9 | 64 | 98.2 | 3.1 | 21.6 |
| Mar | 10.8 | 22.5 | 31.5 | 63.9 | 98.2 | 2.8 | 20.8 |
| Apr | 4.7 | 19.9 | 28.8 | 62.3 | 96.5 | 3.6 | 16.8 |
| May | 15.8 | 16.9 | 25.9 | 64.1 | 99.5 | 2.9 | 14.7 |
| Jun | 3.4 | 14.8 | 24.4 | 64.9 | 98.6 | 3.1 | 13.9 |
| Jul | 3.7 | 16.3 | 25.8 | 64.3 | 98.6 | 2.8 | 15.2 |
| Aug | 2.0 | 14.4 | 26.5 | 55.2 | 98.7 | 2.5 | 17.8 |
| Sept | 4.5 | 17.3 | 26.7 | 60.4 | 97.6 | 3.3 | 19 |
| Oct | 5.2 | 18.6 | 30.1 | 57.2 | 98.7 | 2.7 | 23.2 |
| Nov | 2.3 | 19.7 | 31 | 53.6 | 98.7 | 3.0 | 24.8 |
| Dec | 4.4 | 21.6 | 32.7 | 55.4 | 99.2 | 2.9 | 25 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Babinda - Greater then 10KM
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