
Queensland has become one of the property hotspots of Australia recently. This is the result of many factors with a growing population with strong growth economic, focusing on the mining sector.
The Queensland population has grown more than 1,500 people per week, and this has contributed to strong demand property. As a result, rents in Brisbane increased by around 15 percent per year and the price of real estate last year were more than 20 percent in the median home price around $ 450,000.
Despite the enormous cost of housing in Queensland there is always the possibility of buying real estate in the More Brisbane region, a very affordable price. Russell Island is without doubt one of the most expensive residential areas in the country. Building blocks can be purchased for just $ 65,000 and blocks views of the water can be bought for about $ 100,000. Russell Island is about 15 minutes by ferry from Redland Bay (near from Cleveland in Brisbane). Ferry services are fast and frequent usually every 30 minutes throughout the day, so it is possible to travel to Brisbane CBD work every day.
The island is very picturesque and the views contain Stradbroke Island east and the skyline of the Gold Coast can be seen only in the far south. With climate perfect blue skies and the crystal blue of the bay, why not take this opportunity to own a piece of paradise. Russell Island is booming to be fast.