Interior of a Fernbrook residence
Russell Island, Queensland

Coastal Homes In Queensland From $495,000

A ten residence development on Russell Island, priced from $495,000, with completion anticipated the end of 2027.

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Developer with 100+ completed projects
Australian owned and operated
Located between Brisbane & the Gold Coast
Architecturally designed
Zoned town centre
Developer with 100+ completed projects
Australian owned and operated
Located between Brisbane & the Gold Coast
Architecturally designed
Zoned town centre
Developer with 100+ completed projects
Australian owned and operated
Located between Brisbane & the Gold Coast
Architecturally designed
Zoned town centre
Exterior render of a residence

The Development Details

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01From $495,000
0210 Single-Storey Residences
033,000m² Site, Fully Landscaped
04Completion anticipated end of 2027
05Adjacent to Gold Coast & Brisbane
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Your New Coastal Home On Russell Island

  • 3 minutes' walk to the ferry terminal and close to the ocean, 20 minutes from the mainland
  • Ten single storey turnkey residences across five identical buildings on a 3,000 square metre site
  • Architecturally designed single storey homes with a coastal look and feel throughout
  • A full high street on the island, with schools, medical, shops and sport
Aerial view of Russell Island and the ferry terminal
Inside The Residences

Turnkey Handover

Every residence is completed inside and out, so the work is finished before the keys change hands and the home is ready to live in.

Two Layouts

Six residences have a shopfront attached, and the remaining four offer the option of an office or studio inside the home.

Architecturally Designed

Thirty degree pitched roofs, high internal stud and ceiling heights, and a Hampton and Coastal look carried across the whole site.

Commercially Zoned To Work From Home

The land is zoned town centre, which makes working from home a right that comes with the address, and it is what allows the shopfront residences.

  • Reverse cycle air conditioning
  • Solar
  • Designer kitchens
  • Designer bathrooms
  • Floor coverings
  • Oven and cooktop
  • Extraction fans
  • Ceiling fans
  • Allocated car bay
  • Driveways and footpaths
  • Full fencing
  • Professional landscaping
Where The Development Sits

Location Sets The Price

An island address is what puts a finished Queensland home within reach at $495,000.

A Ferry Every Half Hour

Ferries run every thirty minutes, eighteen hours a day, making trips to the mainland fast and easy.

Everything On The Island

An IGA, bakery, butcher and greengrocer, a chemist, primary school, hardware stores, petrol station and a high street of shops and cafes.

Health And Emergency Cover

A medical centre and pathology offices, a fully manned police station, ambulance, boat and helicopter cover around the clock, and a new hospital at the mainland terminal.

Bay, Beach And Bushland

Sandy Bay Beach Reserve, hundreds of acres of reserve parkland, public pool, tennis courts, sports fields and maintained waterfront barbecue areas.

Only Ten Homes

Ten residences make up the whole development, released together and sold once, with no more to be added.

A Look At The Development

Exterior render of a residence
Living and dining area
Bedroom
Bedroom with robe and desk
Charcoal exterior render
Main bedroom
Open plan kitchen, dining and living
Charcoal residence with deck
Residence floor plan
Site plan of the ten residences
Side elevation render of a residence
Open plan living, dining and kitchen
Exterior render of a residence
Living and dining area
Bedroom
Bedroom with robe and desk
Charcoal exterior render
Main bedroom
Open plan kitchen, dining and living
Charcoal residence with deck
Residence floor plan
Site plan of the ten residences
Side elevation render of a residence
Open plan living, dining and kitchen

Life On Russell Island

The water is the reason people move here. Fishing, kayaking, sailing and bushland sit within a few minutes of the development.

Two people fishing from a boat on the bay
FishingBay and creek fishing minutes from the front door
Paddleboarding on sheltered water near the island
On The WaterKayaking and paddleboarding across sheltered channels
Russell Island Sailing Club with dinghies on the foreshore
The Yacht ClubA local sailing and social club on the island
Lookout over bushland and a curved beach
Bushland & BeachesWalking tracks, foreshore reserves and quiet beaches

Get The Full Project Brochure

Everything about this development in one document, so you can take your time with the detail, share it with whoever else is involved in the decision, and come back knowing exactly what you would be buying.

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Brochure placeholder

Why Buy On Russell Island

A Moreton Bay Address

Russell Island sits in Queensland's Moreton Bay, so the address comes with water on every side, island neighbours a short ferry ride away, and open space around it.

Backed By New Infrastructure

New ferry terminals at both Russell Island and Redland Bay, two newly commissioned ferries, and many millions of government investment in the crossing that connects the island.

Low Cost Queensland Housing

A finished home in Queensland from $495,000, complete on handover, so the price you agree is the price of a home you can live in.

Built For Owner Occupiers

This project is aimed squarely at people buying a home to live in, at the entry level of a market where housing is in short supply.

No Stamp Duty

Eligible first home buyers pay no stamp duty on this purchase, which puts more of your available funds straight into the home itself.

First Home Owner Grant

A government grant may also apply and would cut the cash you need at the front end, though eligibility is set by the government.

Experienced And Licensed

John Hay is a licensed developer with more than 100 completed developments to his name, and that record informs every decision made on this project.

Australian Owned And Operated

An Australian owned development, run by an Australian developer who takes buyer enquiries himself and answers them directly, so you always know who you are dealing with.

A Moreton Bay Address

Russell Island sits in Queensland's Moreton Bay, so the address comes with water on every side, island neighbours a short ferry ride away, and open space around it.

Backed By New Infrastructure

New ferry terminals at both Russell Island and Redland Bay, two newly commissioned ferries, and many millions of government investment in the crossing that connects the island.

Low Cost Queensland Housing

A finished home in Queensland from $495,000, complete on handover, so the price you agree is the price of a home you can live in.

Built For Owner Occupiers

This project is aimed squarely at people buying a home to live in, at the entry level of a market where housing is in short supply.

No Stamp Duty

Eligible first home buyers pay no stamp duty on this purchase, which puts more of your available funds straight into the home itself.

First Home Owner Grant

A government grant may also apply and would cut the cash you need at the front end, though eligibility is set by the government.

Experienced And Licensed

John Hay is a licensed developer with more than 100 completed developments to his name, and that record informs every decision made on this project.

Australian Owned And Operated

An Australian owned development, run by an Australian developer who takes buyer enquiries himself and answers them directly, so you always know who you are dealing with.

Front of a completed white single storey home

Your Home Builder

Haycraft Australia is led by John Hay, a property developer who has conceived, built and sold over 100 individual developments and has worked with trading banks and development financiers for more than fifty years across four countries. He pioneered pre-selling apartments off the plan in 1974, and he runs this project personally.

Over 100 developments delivered
More than 50 years in property
Australia, New Zealand, Canada and the USA
Pioneered off the plan pre-sales in 1974

Previous Developments

Common Questions

How much do the residences cost?

Residences are priced from $495,000 to $550,000, and the exact figure depends on the residence, so enquire about the one you are interested in and it will be confirmed against current availability.

When will the development be completed?

Completion is anticipated at the end of 2027, with residences available to purchase off the plan ahead of that date.

What is the demand for rentals on Russell Island?

This development is focused on home ownership, and rental information can be discussed directly on enquiry.

How do I get to Russell Island?

Ferries depart Redland Bay Marina for a crossing of around twenty minutes, and buses, taxis and Uber all operate on the island.

What deposit do I need to pay?

A ten per cent deposit is payable once contracts are signed, and it is held in the trust account of OMB Solicitors in Southport until settlement.

What if I need finance, or have a property to sell first?

Arrangements can be made for buyers who need to raise finance or sell an existing property, so speak to us about your situation.

What are the ongoing costs?

A body corporate manager will be appointed and costs kept to a minimum. They generally work out much the same as running a free-standing home.

Who do I deal with during the purchase?

You deal directly with the developer, John Hay, and the appointed solicitors, which means the answers you get come straight from the person responsible for the project.