4/24 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Runaway Bay in the last 12 months.
Located in a small complex of 8 units on the eastern side of Bayview Street, Runaway Bay is this excellent opportunity for the astute investor.
Features include:
- Currently leased at $550 p.w.
Short distance to local shopping at Runaway Bay Shopping Centre and Harbour Town.
Properties like these are hard to find and an inspection is highly recommended.
Property Code: 347
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 5,319 properties.
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