OFF MARKET

283 Morala Avenue
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 151m2
Land area: 637m2
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Property Details for 283 Morala Ave, Runaway Bay

283 Morala Ave, Runaway Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 637m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1980
Floor Size
151m2
Land Size
637m2
Local Government
Gold Coast City
Lot/Plan
4/RP168526

Last Listing description (May 2024)

283 MORALA AVENUE, RUNAWAY BAY
In Runaway Bay, there are limited homes like this one on the market at the moment... Do not let this be one that you miss out on!

Ticking many boxes, large fenced yard with side access, brick and tile construction Renovate and put your own stamp on this home. The convenience of this location has got to be one of the best features, with Runaway Bay Shopping Centre and public transport close by, features include:

* 3 good size bedrooms with ceiling fans
* Bathroom has Separate Bath, Shower and toilet
* Open plan family room and dining room
* Great central kitchen
* Fully fenced rear yard Side access with room to park the boat and build the vegetable garden
* Block Size - 637m2
* Currently tenanted - periodic lease - Rental appraisal - $700 per week

Close to Runaway Bay Shopping Centre & sporting field, minutes to the Runaway Bay Marina, and close to schools, parks and public transport is just a bonus. This home is in an ideal location for families, commuters & retirees - making it a savvy buy for all buyer types.

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, to satisfy themselves of any pertinent matters.

Property History for 283 Morala Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$830,000
09 Jul 2023
Listed for Rent
$530/w
05 Mar 2021
  • 09 Jul 2023
    Sold for $830,000
  • 22 Mar 2023
    Listed for Sale $859,000
  • 22 Aug 2022
    Listed for Sale $859,000
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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 5,302 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, 277 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.