OFF MARKET

309/33 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 66m2
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Property Details for 309/33 Madang Cres, Runaway Bay

309/33 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 66m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2010
Floor Size
55m2
Land Size
66m2
Local Government
Gold Coast City
Lot/Plan
309/SP235708

Last Listing description (July 2017)

This luxury apartment offers a contemporary living style close to the popular Runaway Bay shopping centre and features a stunning, long water view up a direct access waterway and a perfect Northerly aspect catching all the cool summer breezes and warm winter sun.
* Master bedroom with mirrored glass wardrobe and modern ensuite
* Fully tiled living area (air-conditioned) and modern open plan kitchen featuring mirrored splash back, cesar-stone bench tops and stainless appliances, high standard of interior finishes with quality fixtures and fittings throughout

* North facing outdoor entertaining terrace overlooking 15m lap pool and pristine waterway
* Modern complex with the convenience and security of an on-site manager
* Secure lift access from the basement car park
* Separate visitor car parking
* Audio intercom system
* Situated off Bayview street, the location is only a short stroll to Broadwater beachside parks and within easy access to transport options
* Excellent long term tenant in place achieving 5.86% rental return.
Inspection by appointment.

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Property History for 309/33 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$299,000
25 Jun 2019
  • 25 Jun 2019
    Sold for $299,000
  • 21 Nov 2016
    Listed for Sale $315,000
  • 07 Nov 2014
    Listed for Sale $340,000
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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 5,317 properties. Over the last 5 years, Houses in Runaway Bay have seen a 110.29% increase in median value, while Units have seen a 84.04% increase. As at 31 August 2024:

  • The median value for Houses in Runaway Bay is $1,890,236 while the median value for Units is $911,078.
  • Houses have a median rent of $1,000 while Units have a median rent of $660.
There are currently 68 properties listed for sale, and 7 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Runaway bay.

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