Why is Russell island waterfront cheaper than Sunshine Coast or Gold Coast?

"IT IS by the water, you can easily commute to Brisbane and the Gold Coast, and with family homes selling for around $200,000 it is one of the cheapest places in Brisbane.
In some cases the weekly repayment to buy a home is cheaper than weekly rents."
https://www.news.com.au/finance/real-estate/brisbane-qld/it-is-cheaper-to-buy-than-rent-in-this-south-east-queensland-island-paradise/news-story/c71e0f6d43670c9380ddff61141b08d0
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