OFF MARKET

40/22 Jennifer Avenue
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 92m2
Land area: 2268m2
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Property Details for 40/22 Jennifer Ave, Runaway Bay

40/22 Jennifer Ave, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 2268m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1989
Floor Size
92m2
Land Size
2268m2
Local Government
Gold Coast City
Lot/Plan
40/BUP9319

Last Listing description (March 2022)

Bayview Waters is calling all astute investors!

Yes ..... AN ENTRY LEVEL Top floor residential apartment with easterly water views in this boutique Waterfront Complex

For value buying, how can you find better?

This affordable (entry level for Runaway Bay) apartment is only 300 mts from the ocean and in a well-managed security building with on-site managers

Steady long term tenant already in place.

Features include;
Two spacious bedrooms & 2 bathrooms
Air conditioned Living room
New ceiling fans throughout
Kitchen has Bosch cooker & Dishwasher
2 car Security parking with Shed
2 Enticing balconies - take your choice
Quiet top floor Position East of Bayview St
Solid brick construction in low maintenance building
Residents Pool, Spa, undercover BBQ as well as fantastic big manicured lawn area

What is nearby?? The List goes on;

Both Runaway Bay and Paradise Point Villages
Areas best Sports Centre
Harbourtowns expanded Outlet Shopping precinct
The Marina Restaurant Precinct
Fantastic Dog Park
Buses on Bayview
Private and local Schools
Southport CBD only 10 minutes away
New light Rail Extension
Hip CHINATOWN DISTRICT
University and Hospital only 15 minutes away

Body corp fees - under $4,500 PA
Rates - (Water & Land) Approx $3500 PA
Rent - currently at $415 PW - Lease in place till August 2023

The proven capital growth in this sought after East Runaway Bay Area is a real reason to buy on its own, however you can also reap the benefits of a steady long term rental return - Contact Wayne today

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

Property History for 40/22 Jennifer Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$470,000
18 Feb 2022
Listed for Rent
$355/w
05 Apr 2013
  • 18 Feb 2022
    Sold for $470,000
  • 05 Feb 2022
    Listed for Sale Buyers over $460,000
  • 02 Nov 2020
    Sold for $352,000
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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 5,316 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.