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Sold on 10 Jul 2024 - Price Unavailable

24 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 979m2
Sold By
Hillsea Real Estate
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Property Details for 24 Madang Cres, Runaway Bay

24 Madang Cres, Runaway Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 979m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Runaway Bay in the last 12 months.

Building Type
Unit
Land Size
979m2
Local Government
Gold Coast City
Lot/Plan
1/BUP6166

Last Listing description (July 2024)

Welcome to 5/24 Madang Crescent a beautifully renovated three bedroom one bathroom unit situated in a small boutique complex in the heart of Runaway Bay. Enjoy the location and lifestyle of the broad water just a few minutes walk away, with the Runaway Bay shopping centre and local schools just a short drive away.

Features include:

- Open plan living area

- Modern kitchen with plenty of storage
- Three very spacious bedrooms with built in wardrobes
- Separate modern bathroom
- Separate laundry with ample storage
- Ceiling fans throughout the unit
- North facing balcony
- Single lock up garage
- Potential for high rental returns
- Low body corp fees
- Pets allowed pending body corp approval

Your new home is just minutes away from local schools, local shopping centres and also a short drive to Gold Coast university hospital and Griffith University.
Move fast - Homes in this sought-after location are snapped up quickly!

Contact Reuben Healy on 0467 376 213 to arrange a private inspection.

Don't miss out on this opportunity contact the exclusive listing agent Reuben Healy on 0467 376 213

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 24 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
10 Jul 2024
Listed for Rent
19 Sep 2019
  • 10 Jul 2024
    Sold
  • 10 May 2024
    Listed for Sale UNDER CONTRACT
  • 06 Oct 2020
    Listed for Rent $350 / 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.