OFF MARKET

48 Morala Avenue
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 117m2
Land area: 637m2
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Property Details for 48 Morala Ave, Runaway Bay

48 Morala Ave, Runaway Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 637m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1985
Floor Size
117m2
Land Size
637m2
Local Government
Gold Coast City
Lot/Plan
17/RP80584

Last Listing description (July 2021)

Just when you thought it was impossible to secure a freestanding home on the Gold Coast, this currently rented property is perfect to either invest or later nest!

This 3 bedroom home, sits on a huge 637 m2 block, opposite O'Connell Park.

In original condition, very spacious, clean & tidy.

In sought after Runaway Bay location, only a few minutes to the Broadwater, you'll be able to enjoy the trendy restaurants, cafes and bars.

Walk to Biggera Waters State School, Metro Market local shopping centre and Stradbroke North Park Fishing Spot.

This property enters the market at a very attractive price point! Snooze and you'll lose!

Main Features:
• Large block 637 m2
3 large bedrooms, master with air-con
1 bathroom with a bath
Light and bright spacious kitchen
Open plan lounge & dining
• Air-conditioning in the main living
Ceiling fans throughout
Undercover veranda
Fully fenced, secure brick and tile home
Large low maintenance gardens
Slightly south-easterly aspect
Very Large laundry with direct external access
Separate toilet
Manicured lawns
Double lock-up garage with open door access at both ends
Extra parking on the driveway
Total floor area approx. 121 m2
Council rates $467 - per quarter
Water rates approx. $236 - per quarter
Great tenants currently paying $450 per week - lease renewal is March 2022
Rental appraisal in today's current market $565 per week
For exclusive inspection times please email or call Michelle McRae on 0476 300 688 today!

Important Notice: - We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. Prospective buyers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by Harcourts Coastal Robina or any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only!

Property History for 48 Morala Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$693,000
30 Jun 2021
Listed for Rent
$450/w
01 Sep 2016
  • 30 Jun 2021
    Sold for $693,000
  • 10 Jun 2021
    Listed for Sale Under Contract
  • 19 Jul 2016
    Listed for Rent - Price not available
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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 5,301 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, 276 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.