SOLD
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Sold on 16 Sep 2024 for $1,900,000

5 Folkstone Place
Runaway Bay QLD 4216

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 753m2
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Property Details for 5 Folkstone Pl, Runaway Bay

5 Folkstone Pl, Runaway Bay is a 4 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 753m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Runaway Bay in the last 12 months.

Building Type
House
Land Size
753m2
Local Government
Gold Coast City
Lot/Plan
17/RP842365

Last Listing description (September 2024)

This charming waterfront home offers three generously sized bedrooms, perfect for comfortable family living. The kitchen features a functional layout, with open-plan dining and living areas providing a spacious setting for entertaining, with seamless flow.

A separate, self-contained granny flat adds versatility to the property, offering additional living space that's ideal for guests, extended family, or as a potential rental income opportunity.

Situated on a 776m² block with direct water access, the property is a private and peaceful retreat. Whether you're sipping your morning coffee while gazing out over the water or considering updates to make the space uniquely yours, this home offers a rare chance to embrace the waterfront lifestyle you've been dreaming of.

Walking distance to a variety of local amenities such as Runaway Bay Sports Complex incorporating the Gold Coast Performance Centre, Indoor Sports Complex, Cricket, Tennis & Netball clubs, Sports fields, cycling and walking tracks. Two primary schools (St Francis Xavier & Biggera Waters), library, day care centre, church & quick access to Runaway Bay Shopping Centre & Harbour Town. A short drive to the Gold Coast University Hospital, Griffith University, Gold Coast's great beaches and easy access to the M1 Motorway onto Brisbane / Coolangatta.

Features:
• Master bedroom with Walk-in robe and Ensuite
• Self Contained Granny Flat
• 8m Finger Pontoon
• Sparkling in ground Pool
• Ducted Air-conditioning
• Double Garage with off street parking
• Fully fenced and private
• 753m2 allotment
• Ocean access with 1 bridge to the open Broadwater.

Don't miss the opportunity to make this house your dream home. Contact James Drake 0449 747 491 today to arrange your private inspection.

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.

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Property History for 5 Folkstone Pl, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,900,000
16 Sep 2024
  • 16 Sep 2024
    Sold for $1,900,000
  • 29 Aug 2024
    Listed for Sale Under Contract
  • 16 Aug 2004
    Sold for $790,000
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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 5,301 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 59 properties listed for sale, and 8 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Runaway bay.

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