Property Development
RUSSELL ISLAND
Russell Island
Property Development
At Statewide Capital (SWC), we are proud to offer low-cost housing on Russell Island, a location that represents one of the best real estate opportunities in South East Queensland. With affordable property options and impressive capital growth, Russell Island stands out as a prime destination for investors and homeowners.
Our homes cater to the semi-retired, downsizers looking for a relaxed island lifestyle. With the Redland Bay suburbs averaging over $900,000 our sub $400,000 homes allow you to 'beef up your super' whilst enjoying a more relaxed, island lifestyle.
Enjoy a Simple, Seamless & Smart Process

Understand
Your Goals
We’ll take the time to learn about your unique circumstances and objectives.

Present
Your Options
After thorough research, we’ll provide you with a range of loan options and guide you through the decision-making process.

Handle
The Details
Once you’ve chosen your ideal scenario, we’ll manage all the details to ensure it’s all handled smoothly.

Provide Ongoing
Support
We’ll continue to stay in touch, ensuring we provide options and choices that serve you into the future.
Affordable Low-Cost Housing in Russell Island
Our current developments feature brand-new houses on generous 550m² blocks for as low as $400,000 (or less). This incredible affordability makes Russell Island the ideal location for property buyers looking for unmatched value in today's market.
Why Russell Island?
Russell Island, located in Redland City Council, offers significant investment potential:
Russell Island's Median House Price is only $390,000, compared to neighboring areas at $900,000.
Russell Island: property values have doubled in 5 years (source: realestate.com.au).
This unique combination of affordability and growth makes Russell Island a standout location in South Moreton Bay Islands.
High-Value Opportunities in South Moreton Bay Islands
Brand-New Houses at Affordable Prices
Our developments focus on providing high-quality, affordable housing options for first-time buyers, investors, and families seeking exceptional value.
Unmatched Value and Capital Growth Potential
With significant growth already recorded, Russell Island offers some of the best real estate investment opportunities in South East Queensland.
A Thriving Real Estate Market
Statewide Capital’s developments ensure that investors can capitalize on the rising demand and growth of Russell Island’s property market.
Your First Step Starts Here...
Get In Touch
David McElveney
Director
StateWide Capital (ACN 636 798 331)