OFF MARKET

5/27-29 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 96m2
Land area: 478m2
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Property Details for 5/27-29 Madang Cres, Runaway Bay

5/27-29 Madang Cres, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 478m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2005
Floor Size
96m2
Land Size
478m2
Local Government
Gold Coast City
Lot/Plan
5/SP158914

Last Listing description (March 2023)

Perfectly positioned, buyers this stunning waterfront unit is an absolute must inspect. Offering breathtaking Broadwater views and direct boat access this elegant property is situated in a boutique complex of only 10 units and is a cut above the rest. Cleverly designed and destined to impress this modern 2-bedroom apartment encapsulates secure waterfront living at its finest. Be quick to register your interest with Michael or Andrew as properties of this calibre do not last long and owners will consider offers prior to Auction.

Features:

* King sized master bedroom with water views & access out to waterfront balcony.
* Modern ensuite featuring stacked stone feature wall, floor to ceiling tiles and a separate toilet.
* Queen size second bedroom with built in cupboards and balcony.
* Elegant main bathroom, floor to ceiling tiles and built-in laundry.
* Chefs kitchen with Caesar stone bench tops, Bosch appliances, ample cupboard space and water views.
* 2.6m* ceiling heights in the spacious living and dining areas that are strategically positioned to capture the picturesque Broadwater.
* Ducted air-conditioning throughout, vacuum maid, intercom, alarm system and security screens.
* Freshly painted and new carpet throughout unit.
* Undercover entertaining area with electric blinds offering privacy and uninterrupted views of the Broadwater.
* Bridge free pontoon with power and water.
* Two secure car spaces, extra storage cage and off-street parking for visitors.
* Small boutique complex with only 10 units.
* Bridge free and seconds to the sensational Broadwater.

Lifestyle:
Walking distance to a variety of local amenities such as: sports super centre, cycling and walking tracks, Runaway Bay leagues, cricket, soccer & netball clubs, library, school, daycare centre, a variety of restaurants and Runaway Bay shopping village.

A short drive to the Gold Coast University Hospital, Griffith University, Gold Coast great beaches and easy access to the M1 motorway onto Brisbane / Coolangatta.


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, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 5/27-29 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,150,000
21 Feb 2023
  • 21 Feb 2023
    Sold for $1,150,000
  • 02 Mar 2021
    Sold for $760,000
  • 03 Feb 2021
    Listed for Sale Auction
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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 83.37% increase in median value, while Units have seen a 80.51% increase. As at 30 September 2024:

  • The median value for Houses in Runaway Bay is $1,661,838 while the median value for Units is $924,584.
  • Houses have a median rent of $1,000 while Units have a median rent of $700.
There are currently 60 properties listed for sale, and 9 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 257 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.