SOLD
Sold on 05 Jul 2024 for $527,000

211/33 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 65m2
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Property Details for 211/33 Madang Cres, Runaway Bay

211/33 Madang Cres, Runaway Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 65m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Runaway Bay in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
50m2
Land Size
65m2
Local Government
Gold Coast City
Lot/Plan
211/SP235708

Last Listing description (August 2024)

This spacious 2nd floor apartment is located within Cove 35 Building Complex in Runaway Bay. An ideal home or investment - a very popular apartment block so be quick with your inspection request.
This modern deco is sure to appeal to many but it is also versatile as it is white paintwork throughout. The present owner had downsized and so he does fit a lot of furniture in this lovely apartment. His presentation is very good and he has created work stations throughout the living room and uses the large north facing balcony for the dining area. You may choose to utilise the space differently.
The kitchen area is galley style and this creative and practical owner has placed some modern stone working tables so that there is ease of preparation areas for the creative chef of the family to create some delicious culinary delights! He has also added a removeable double pantry style cupboard to give more storage.

The bathroom does have a bath and a shower above it - it is compact but there is a separate European style laundry in this apartment - this has a very workable, user friendly floor plan.
A Master bedroom with easy access to both the bathroom and living area - it is a versatile space with options to cater for placement of bedroom suites.
Please note photos will be online by the end of this week.
The first Open House will be held this Saturday 29th June from 1pm - 1.45pm
Body Corporate details will be made available to you when you attend as the Disclosure Statement is on order.
If you would like further information or would like to have n inspection at another time please phone me, Susan, on 0407 285852 and I will gladly arrange a time that suits your busy schedule.

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Property History for 211/33 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$527,000
05 Jul 2024
Listed for Rent
$330/w
29 Sep 2011
  • 05 Jul 2024
    Sold for $527,000
  • 25 Jun 2024
    Listed for Sale Offers Above $495,000
  • 16 Jun 2022
    Sold for $410,000
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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 5,301 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:

  • The median value for Houses in Runaway Bay is $1,661,838 while the median value for Units is $924,584.
  • Houses have a median rent of $1,000 while Units have a median rent of $700.
There are currently 60 properties listed for sale, and 9 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Runaway bay.

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