SOLD
RECENT ADVICE
Sold on 23 Oct 2024 for $750,000

17/75-77 Morala Avenue
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 146m2
Land area: 814m2
Sold By
Stephen Cone
Professionals Vertullo Real Estate
Zac Lucas
Professionals Vertullo Real Estate
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Property Details for 17/75-77 Morala Ave, Runaway Bay

17/75-77 Morala Ave, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 814m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Runaway Bay in the last 12 months.

Building Type
Unit
Year Built
1987
Floor Size
146m2
Land Size
814m2
Local Government
Gold Coast City
Lot/Plan
17/BUP8069

Last Listing description (November 2024)

Spacious, private and bathed in natural light, this spacious ground floor apartment is in immaculate condition.

You will appreciate the well conceived floorplan that offers an open plan living and dining that flows onto the wide patio, as well as offering substantial bedrooms. The master suite, with ensuite and large walk-in robe is a private sanctuary.

Located in the sought after Mariners on Morala development is a gated community with resort style amenities and acres of lawns and gardens, as well as a private waterfront boardwalk that captures beautiful views and offers a peaceful walkway.

Excellent floorplan with large rooms boasting 115m2 of internal living
Beautiful sun filled north facing garden side entertaining patios
Seperate laundry & powder room
Spacious kitchen with dishwasher and electric cooktop
Resort style amenities inc Pool, BBQ, tennis court and under cover visitor parking
Acres of lawns & tropical garden all maintained and manicured by Body Corporate
Sought after waterside development
A pet friendly complex
Council Rates $1500 per annum / Water Rates $1200 per annum
Body Corporate Fees Approx $135/week
Rental appraisal $850 per week

Property History for 17/75-77 Morala Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$750,000
23 Oct 2024
  • 23 Oct 2024
    Sold for $750,000
  • 22 Aug 2024
    Listed for Sale Offers Over $780,000
  • 02 Aug 1998
    Sold for $145,000
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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 5,306 properties. Over the last 5 years, Houses in Runaway Bay have seen a 88.45% increase in median value, while Units have seen a 86.98% increase. As at 31 October 2024:

  • The median value for Houses in Runaway Bay is $1,698,357 while the median value for Units is $957,286.
  • Houses have a median rent of $1,000 while Units have a median rent of $700.
There are currently 57 properties listed for sale, and 7 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 273 properties were sold in the past 12 months in Runaway bay.

Suburb Insights for Runaway Bay 4216

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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.