SOLD
Sold on 24 Oct 2024 for $625,000

19/469 Pine Ridge Road
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 187m2
Sold By
Stephen Cone
Professionals Vertullo Real Estate
Zac Lucas
Professionals Vertullo Real Estate
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Property Details for 19/469 Pine Ridge Rd, Runaway Bay

19/469 Pine Ridge Rd, Runaway Bay is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1989. The property has a land size of 187m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Townhouse sold in Runaway Bay in the last 12 months.

Building Type
Townhouse
Year Built
1989
Floor Size
116m2
Land Size
187m2
Local Government
Gold Coast City
Lot/Plan
19/GTP2049

Last Listing description (October 2024)

This generously sized and well-designed townhouse is perfectly situated within the sought-after Timbertop Terraces complex that is positioned right in the heart of Runaway Bay.

You will appreciate the good sized living areas that flow onto the substantial East facing courtyard that allows you to entertain in style and the 3 well-proportioned bedrooms with built-in wardrobes and ceiling fans offer space everyone.

Currently tenanted @ $630/week until March 2025

Offering excellent convenience with close proximity to Harbour Town & Runaway Bay Shopping Centres, schools, public transport & the Broadwater.

Features:
Light filled open plan kitchen/living area
Substantial kitchen with ample cupboard space
2 x split system air-conditioning systems
Separate laundry with external access
Sunlit private courtyard for alfresco entertaining
Lock-up garage + additional parking space
Access to tennis court and resort-style swimming pool facilities within the complex
Affordable body corporate fees of $95/week
Currently tenanted @ $630/week until March 2025
Rental appraisal $720 per week
Council Rates $1800 per annum & Water $1600 per annum
Secluded low density complex

Property History for 19/469 Pine Ridge Rd, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$625,000
24 Oct 2024
  • 24 Oct 2024
    Sold for $625,000
  • 05 Aug 2024
    Listed for Sale $645,000
  • 09 Sep 2003
    Sold for $189,000
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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.