East Russell, located near Cairns in Queensland, offers a unique blend of natural beauty and residential tranquility, making it an appealing choice for those looking to escape the hustle and bustle of city life. The housing market in East Russell is characterized by a variety of property types, from charming older homes that reflect the area's history to modern residences set against lush tropical backdrops. Recent trends indicate a steady interest in the area, driven by its proximity to Cairns and the allure of its serene environment. Despite the rising demand, East Russell remains relatively affordable compared to some of the more urban areas, making it an attractive option for first-time homebuyers and those looking for investment opportunities.
Living in East Russell means embracing a lifestyle close to nature, with ample opportunities for outdoor activities such as hiking, bird watching, and exploring nearby rainforests. The community is known for its friendly and laid-back atmosphere, which is enhanced by its picturesque surroundings and slower pace of life. Residents enjoy the benefits of being close to Cairns, which provides access to a range of amenities, employment opportunities, and cultural experiences while still offering a peaceful retreat to come home to. The area's lush greenery and scenic views contribute to a relaxed, fulfilling lifestyle that is perfect for families, retirees, and anyone seeking a connection with nature.
Median Weekly Rent | $150.00 |
Median Monthly Mortgage | $1443.00 |
Median Persons Per bed houseroom | 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 |
Typical 1 bed house | $399,000 |
Typical 2 bed house | $607,000 |
Typical 3 bed house | $487,000 |
Typical 4 bed house | $615,000 |
Housing Stock
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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
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.
Instant Property ValuationLot 14 Kruckow Road, East Russell, QLD, 4861 | 1 | 1 | 5 | $747,000 |
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)Incidents Trend State Average
(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
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