SOLD
RECENT ADVICE
Sold on 01 Jul 2024 for $1,900,000

98 Lae Drive
Runaway Bay QLD 4216

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 665m2
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Property Details for 98 Lae Dr, Runaway Bay

98 Lae Dr, Runaway Bay is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 665m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Runaway Bay in the last 12 months.

Building Type
House
Land Size
665m2
Local Government
Gold Coast City
Lot/Plan
501/RP215037

Last Listing description (July 2024)

Buyers, TeamHarvey is proud to present 98 Lae Drive, Runaway Bay. Positioned perfectly on a wide canal with great views this executive waterfront home is a must inspect. Cleverly designed with high ceilings, a superb floor plan and multiple entertaining areas there is a lot to like here. Be the envy of many & capitalise on your own slice of coastal paradise and register your interest with Michael or Andrew as owner will consider offers prior to Auction.

Features:
• Master retreat with water views & spacious ensuite with floor to ceiling tiles & double vanity.

• Generous sized bedroom 2, 3 & 4 with built in robes and ceiling fans.
• Well positioned main bathroom to service bedrooms.
• Chefs' kitchen with modern appliances, ample storage and views toward canal and pool area.
• Open plan living & dining areas with ample natural light and access out to outdoor entertaining.
• 2nd living/family room off kitchen with soaring ceilings & access to pool side entertaining area.
• Solar panels, Air- conditioning, ceiling fans & intercom system.
• Sensational outdoor entertaining area on water's edge with wide canal views & blinds.
• Floating pontoon with power/water & with quick access out to the Broadwater.
• 2nd private alfresco entertaining at front of property overlooking pool.
• Sparkling in ground salt water pool with elegant glass fencing.
• Double lock-up garage + double carport parking.
• Spear pump, water tank, security screens and tinted windows at property.
• Oversized garden sheds on slab & extreme low maintenance gardens.
• Fully fenced for ultimate privacy, large 665m2 land.

Auction will be held on Tuesday 9th July 2024 at 11.00am, in-rooms at 12 Grice Avenue, Paradise Point, unless sold prior.

Lifestyle
Walking distance to a variety of local amenities such as Runaway Bay Sports Complex incorporating the Gold Coast Performance Centre, Indoor Sports Complex, Cricket, Tennis & Netball clubs, Sports fields, cycling and walking tracks. Two primary schools (St Francis Xavier & Biggera Waters), library, day care centre, church & quick access to Runaway Bay Shopping Centre & Harbour Town.
A short drive to the Gold Coast University Hospital, Griffith University, Gold Coast's great beaches, world class golf courses and easy access to the M1 Motorway onto Brisbane / Coolangatta.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 98 Lae Dr, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,900,000
01 Jul 2024
Listed for Rent
$1.50k/w
28 Aug 2024
  • 28 Aug 2024
    Listed for Rent $1,500 / week
  • 19 Jun 2024
    Sold for $1,900,000
  • 13 Jun 2024
    Listed for Sale Auction In-Rooms
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About Runaway Bay 4216

The size of Runaway Bay is approximately 5.3 square kilometres. It has 12 parks covering nearly 26.4% of total area. The population of Runaway Bay in 2011 was 8,912 people. By 2016 the population was 9,066 showing a population growth of 1.7% in the area during that time. The predominant age group in Runaway Bay is 60-69 years. Households in Runaway Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runaway Bay work in a professional occupation. In 2011, 65.2% of the homes in Runaway Bay were owner-occupied compared with 66.5% in 2016.

Runaway Bay has 5,301 properties. Over the last 5 years, Houses in Runaway Bay have seen a 83.37% increase in median value, while Units have seen a 80.51% increase. As at 30 September 2024:

  • The median value for Houses in Runaway Bay is $1,661,838 while the median value for Units is $924,584.
  • Houses have a median rent of $1,000 while Units have a median rent of $700.
There are currently 60 properties listed for sale, and 9 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Runaway bay.

Suburb Insights for Runaway Bay 4216

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Contact agent
Andrew Harvey
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Michael Harvey
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.