Back 40 Leichhardt Terrace
Off Market

40 Leichhardt Terrace

Russell Island QLD 4184

1543 m²
Land
Last sold for $153,000
Rhys FranzRhys Franz, last sold this property on 05 March 2026 after 444 days on market.

Overview

1,543 m² Land with Stunning Views + House plans

Elevated Land with Water Views Discover a rare opportunity with this expansive land parcel, offering breathtaking water views and direct proximity to Stradbroke Island. This prime piece of real estate is predominantly cleared, featuring a gentle slope towards the back, and is priced attractively by the owner. The location & elevated position make it the perfect canvas for your dream home or investment. Why Russell Island? 📍 Location: Russell Island, the largest of the South Moreton Bay Islands, is only a 20-minute ferry ride to Redland Bay Marina. From there, you're just 40 minutes north to Brisbane City or 40 minutes south to the Gold Coast. 🎣 Boating & Fishing Paradise Minutes from the Wahine Boat Ramp for easy access to water adventures. 🌳 Natural Beauty & Serenity Immerse yourself in the island’s lush landscapes and tranquil lifestyle. 📈 Booming Investment Opportunity Why Choose Us? 🚤 Jetty Pickups: Enjoy convenient transport options to and from the property. 🏠 Property Viewings: Experience the land firsthand with our guided tours. 🗺️ Free Area Maps: Get to know the surrounding area with our complimentary maps. 🏝️ Island Tours: Explore the beauty and amenities of the island with our guided tours. Flexible Viewing Options: Private Inspections: Schedule a personal visit at your convenience. 📱 Virtual Tours: Can't make it in person? Join us for a live virtual tour via FaceTime. Contact Our Team: Rhys Franz 📞 0482 171 300 📧 sales@islandlife.net.au "Rhys was simply delightful to deal with, and we recommend him to anyone looking to buy or sell on the Islands." Office 📞 07 3409 2288 Check out our latest Island listings here. Disclaimer: While we strive for accuracy, we recommend conducting your inquiries to verify all information. We accept no liability for errors or inaccuracies in this document.

Features

1543 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Russell Island over the last 12 months, the estimated median property value of 40 Leichhardt Terrace is $82.27k.

Median value
$82.27k
Estimated value range
$12.7k - $650k
Median days on market
110
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Russell Island. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Leichhardt Terrace

2026
Sold
$153,000
05 Mar 2026 by Rhys Franz, of Island Life Property

Happy sellers in Russell Island

89%
89% of sellers in Russell Island reported that their sale price either exceeded or met their price expectations.

Russell Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 126 reviews in Russell Island over the last 12 months.

Local market activity for land plots in Russell Island

In the last 12 months, 516 land plots similar to 40 Leichhardt Terrace, have been sold.

This represents a 10% increase in land plots sales when compared to the previous 12 months.

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