SOLD
Sold on 23 Sep 2023 for $485,000

4/24 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Save

Property Details for 4/24 Madang Cres, Runaway Bay

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.

Building Type
Unit
Year Built
1984
Floor Size
71m2
Local Government
Gold Coast City
Lot/Plan
4/BUP6166

Last Listing description (November 2023)

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.

- 2 x Bedrooms
- Open Plan lounge/dining
- Private Balcony
- Main Bathroom + separate toilet
- Single Lock Up Garage
- Moderate Body Corporate Fees

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

Property History for 4/24 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$485,000
23 Sep 2023
Listed for Rent
$325/w
22 Mar 2019
  • 23 Sep 2023
    Sold for $485,000
  • 13 Sep 2023
    Listed for Sale $510,000+ Buyers
  • 08 Mar 2019
    Listed for Rent $325 / week
Sign in to see more transactions

Commute Calculator

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 5,319 properties.

    There are currently 65 properties listed for sale, and 18 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Runaway bay.

    Suburb Insights for Runaway Bay 4216

    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    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.