6/8 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 328m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Boasting a premium position, this north facing top floor apartment provides a tranquil haven mere moments from the heart and buzz of Runaway Bay. It's convenient access to the Broadwater, cafs and restaurants make the home perfect for a relaxed coastal lifestyle.
First home or investment property with solid rental returns
Private block of 6 set back from road amid peaceful surrounds
Our owners have committed to selling, Call the Weir Brothers Now for your inspection and expect the best.
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.
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 5,302 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:
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