What zoning applies to this Russell section?

This section is zoned Residential with a maximum site coverage of 35%. Zoning rules determine what you can build and how much of the site you can cover.

How big is this section?

The section is 1,400 m². The remaining buildable area after existing structures is 1,433 m².

Are there any natural hazards on this section?

No natural hazards are currently flagged against this section in district GIS layers. Standard geotech checks are still recommended before purchase.

What title type does this section have?

The section title type is Freehold.

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Russell · Far North

Lot 2 Florance Avenue, Russell

Land Price

$395,000

$282/m²

With 2-Bed Devpro 65m²

$694,999

With 3-Bed Devpro 95m²

$794,999

With 4-Bed Devpro 122m²

$894,999

Land area

1,400 m²

Zone

Residential

Natural Hazards

None identified

Council services

Live reticulated water, wastewater, and stormwater data is not yet wired in for Far North. Check the LIM report or contact Far North District Council directly.

Title Type

Freehold · Fee Simple

Legal Description

Part Deposited Plan 4415

Title Area

1,776 m²

Easements

None identified

Mortgage

No mortgage

Encumbrances

None

Consent Notices

None

Covenants

None

3 registered instruments on title

Discharge of Mortgage2024-07-31

TSM2024-05-30

Mortgage2024-05-30

Market position

Priced 22% above the Far North average.

This section$282/m²

Far North · Residential average$231/m²

District average computed from the active sections listed. Updated daily.

Lifetime cost · Devpro vs Building Code

What is the lifetime cost of a 4-bed home at Lot 2 Florance Avenue, Russell?

Section price pre-filled from this listing. Tweak the build, mortgage, and running-cost inputs to see the 30-year picture.

The build

Section price

Floor area

m²

Devpro build

= $4,098/m²

Building-code build

= $3,698/m²

Mortgage

Deposit

Term

Standard rate

Green rate (Devpro)

Devpro qualifies for green home loans (typically 1% off)

Running costs

Energy (BC, yr 1)

$/yr

Energy (Devpro, yr 1)

$/yr

Devpro uses ~70% less

Energy inflation

%/yr

HVAC replacement (today)

Heat pump + ERV supply + install

HVAC inflation

%/yr

HVAC life (BC)

Leaky envelope = HVAC works ~7× harder

HVAC life (Devpro)

Appreciation

%/yr

House+land market growth

Devpro resale premium

Realised at sale on house+land

Monthly mortgage — green-loan advantage

Building code

$4,391/mo

Devpro

$4,178/mo

Saving

$212/mo

Devpro vs Building Code — the investment case

Year	If held (savings)	If sold — resale premium	If sold — total Devpro advantage
▸ 0yr	$0	$80,550	$80,550
▸ 5yr	$25,990	$102,804	$152,655
▸ 10yr	$55,644	$131,207	$238,927
▸ 20yr	$160,456	$213,723	$495,723
▸ 30yr	$262,364	$348,132	$811,824

If held = cumulative operational savings (mortgage interest + energy + HVAC service + replacements avoided). If sold = full net-position delta. Click any row to see the five components that make up the total advantage.

30-year "held" savings — where the money comes from

Mortgage interest (green-loan 1% off): $76,372
Energy (70% lower, inflating): $139,522
HVAC servicing (less run-time): $19,932
HVAC replacements avoided: $26,539
Total 30-year savings: $262,364

Talk to us

Talk to us about building on this section

About this section

Secure a coveted piece of land in the heart of Russell – they’re not making any more! This 1,400sqm (more or less – property is subject to title being issued) freehold section is conveniently located within walking distance to the town centre and beach, offering the perfect spot to build your dream home. Priced at $395,000 it presents a rare opportunity to get on the Russell property ladder without breaking the bank. Russell is not just a place to live; it’s a lifestyle. With its stunning beaches, world-class fishing, and exceptional dining options, this charming historic town is an ideal destination for both a holiday retreat or a peaceful permanent home by the coast. Two adjacent lots are also available for sale. Don’t miss out on this rare chance – contact me today for more information.

Aerial imagery

See the land from above.

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