1/8 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 328m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Occupying a highly sought-after location, just a short stroll to shops and transport this apartment presents effortless indoor/outdoor living on a single level. Set on the ground floor offering open plan interiors with freshly improved finishes throughout.
Property Features:
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 5,317 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:
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