Blocks for the price of used cars still available on Moreton Bay islands near Brisbane
With a Brisbane real estate market experiencing rapid price growth, buyers may be shocked to know 600sq m-plus blocks of land are still going for as little as $20,000 on some islands near the city. We have a look at some of the best.
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As Brisbane rockets towards big world city and real estate prices surge to eye-watering levels it comes as sweet relief to discover there are still affordable opportunities to snag your bit of paradise, especially if you are willing to island hop.
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Blessed with a host of Moreton Bay islands the greater Brisbane region still offers some gems without the colossal price tag, in fact, some are going for the price of your average used car.
19 DOUBLE ISLAND OUTLOOK, RUSSELL ISLAND
Price: $19,900
Size: 620 sqm
Distance to Brisbane: 61 km
This sizeable block is near a concrete boat ramp and approximately 30m above sea level.
Touted as being surrounded by up-and-coming development some 80 per cent of the block has been cleared to accommodate construction.
It is also situated near the water on the North Stradbroke Island aspect of the island.
7 EMERALD ST, RUSSELL ISLAND
Price: $24,900
Size: 607 sqm
Distance to Brisbane: 61 km
For those wishing to ramp up the privacy factor this block backing onto conservation land might be the thing.
Close to shops and ferries it is situated on the eastern side of the island.
22 PIER HAVEN, LAMB ISLAND
Price: $25,000
Size: 635 sqm
Distance to Brisbane: 60 km
This large and cheap lot is close to amenities with shops, a tennis court and a recreational club all nearby.
4 HALCYON STREET, LAMB ISLAND
Price: $24,000
Size: 584 sqm
Distance to Brisbane: 60 km
This level, clear block is ready for business.
Situated near the centre of the quaint island with established homes on two boundaries – electricity and water supply is sorted – the main jetty is but a 10 minute walk away.
27 ASHTON STREET, MACLEAY ISLAND
Price: $27,000
Size: 607 sqm
Distance to Brisbane: 61 km
A gently sloping block this parcel of land has built-in privacy as it backs onto Redland City Council conservation land.
Leafy and quiet it is not far from waterfront access and is within walking distance of Macleay Island’s attractions.
The Macleay Island Golf Club, jetty and shops are all nearby.
84 TREASURE ISLAND AVENUE, KARRAGARRA ISLAND
Price: $55,000
Size: 562 sqm
Distance to Brisbane: 61.5 km
An elevated northerly aspect on a quiet, leafy street makes a strong case for this Karragarra Island block.
Known for its community spirit and sandy beaches the island is only a 15 minute ferry ride away from Redland Bay on the mainland.
19 CAPEMBAH STREET, COOCHIEMUDLO ISLAND
Price: $139,000
Size: 486 sqm
Distance to Brisbane: 32.1 km
Closer to the city and on a rare corner block this parcel boasts two street access and the potential for separate entry for a caravan or boat.
Coochiemudlo Island has among the bay islands, some of the best facilities: There is the Isle of Coochie Golf Club, restaurants, tennis and a thriving arts community.
12 TRITON STREET, TANGALOOMA, MORETON ISLAND
Price: $69,000 + $14,000 annual lease fee
Size: 490 sqm
Distance to Brisbane: 47km
At well under $100,000 and boasting never-to-be-built-out, elevated bay views this makes for an alluring proposition, just bear in mind it is a leasehold property part of Tangalooma Resort and comes with a yearly lease fee of approximately $14,000. So, ouch.
But still, you can get your foot in the door for world-class views on an island happily bereft of paved roads which enjoys a strong conservation drive.
With stunning views from Brisbane south to the Sunshine Coast the property sits above the resort and comes with plans already drawn up, available on request.