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Sold on 07 May 2024 - Price Unavailable

18/37 Bayview Street
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 18/37 Bayview St, Runaway Bay

18/37 Bayview St, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Runaway Bay in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
18/BUP8687

Last Listing description (May 2024)

Bayview Bay is a highly regarded resort complex in Runaway Bay.

It is located on a quiet canal just off the Broadwater with access to beaches, parks, cafes, transport and the walking path along the foreshore.

This East facing 2 bedroom 2 bathroom apartment is an end unit with only one neighbour alongside, and located on the first floor. There is a balcony overlooking the pool and the extensive tropical gardens.

The unit is currently tenanted at $480 per week to excellent long term tenants until the end of September. Current market rent around $550pw.

Would make a great home after the lease expires in September or as an investment/holiday destination for the future.

If renovated and furnished, the property could be used as a short term holiday rental.

Property Features:
- Beautifully maintained grounds
- Air Conditioning & Ceiling Fans
- East facing 2 bedroom 2 bathroom apartment
- Balcony overlooking the pool and tropical gardens
- Potential to lease a jetty subject to availability
- Walk to white sand beaches only 150m away
- Broadwater fronting walking path just around the corner
- Runaway Bay Shopping Centre 800m away
- Coffee, restaurant, convenience shopping adjacent
- Transport at your door
- Friendly and helpful on site management
- Security access building

INSPECTION: By appointment

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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 18/37 Bayview St, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
07 May 2024
Listed for Rent
$395/w
06 Jun 2017
  • 22 Apr 2024
    Listed for Sale $599,000
  • 20 Apr 2024
    Sold for $548,737
  • 16 Jan 2024
    Listed for Sale $599,000
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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 5,303 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 58 properties listed for sale, and 6 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 275 properties were sold in the past 12 months in Runaway bay.

Suburb Insights for Runaway Bay 4216

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Wayne Mathieson
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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.