OFF MARKET

2/493 Pine Ridge Road
Runaway Bay QLD 4216

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 170m2
Land area: 108m2
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Property Details for 2/493 Pine Ridge Rd, Runaway Bay

2/493 Pine Ridge Rd, Runaway Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 108m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2006
Floor Size
170m2
Land Size
108m2
Local Government
Gold Coast City
Lot/Plan
2/SP190726

Last Listing description (October 2023)

A rare find in Runaway Bay... Don't miss this one!
This modern, free-standing, two-level duplex is located in close proximity to all conveniences, surrounded by an abundance of nature with Coombabah Conservation Park just across the road.
Offering a study area on the upstairs landing and three good size bedrooms, downstairs is the fourth bedroom and two living area. Some of the features include:

* Four generous bedrooms with built-in robes, split air conditioners and ceiling fans
* Master bedroom has an en-suite, a large walk-in robe and timber feature wall
* Main bathroom has separate shower, free standing bath & toilet
* Open study on upstairs landing
* Functional kitchen with stainless steel appliances, gas cooktop & plenty of storage
* Downstairs powder room & separate laundry
* Open plan kitchen and family room that is air-conditioned & features large porcelain tiles throughout
* Large separate lounge room with timber feature wall
* Security screens on all windows and doors
* Private courtyard
* Entertain on the huge deck
* Double lock up carport with remote garage door
* Additional off-street parking for a boat for caravan
* Garden shed
* Close to parks and walking trails

Offering four generous sized bedrooms, open plan living spaces and with contemporary kitchen, this kitchen looks directly out onto the deck area and provides an easy, low maintenance lifestyle.

Currently tenanted until August 2023 for $650 per week with projected rental income $700 to $750 per week, 24 hours' notice for inspections is required

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary.

Property History for 2/493 Pine Ridge Rd, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$745,000
28 Aug 2023
Listed for Rent
$560/w
21 Jul 2020
  • 28 Aug 2023
    Sold for $745,000
  • 28 Jun 2023
    Listed for Sale Not Disclosed
  • 14 Jul 2020
    Listed for Rent $560 / week
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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 5,316 properties. Over the last 5 years, Houses in Runaway Bay have seen a 88.18% increase in median value, while Units have seen a 79.67% increase. As at 31 July 2024:

  • The median value for Houses in Runaway Bay is $1,738,775 while the median value for Units is $911,351.
  • Houses have a median rent of $1,000 while Units have a median rent of $660.
There are currently 67 properties listed for sale, and 10 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 256 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.