SOLD
RECENT ADVICE
Sold on 04 Jun 2024 for $885,000

70/100 Morala Avenue
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Save

Property Details for 70/100 Morala Ave, Runaway Bay

70/100 Morala Ave, Runaway Bay is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Townhouse sold in Runaway Bay in the last 12 months.

Building Type
Townhouse
Local Government
Gold Coast City
Lot/Plan
71/GTP101705

Last Listing description (June 2024)

SHOWCASE TOWNHOUSE IN CANAL FRONT “OASIS” COMPLEX

With almost 200 m2 of undercover luxury, we offer you a great opportunity to secure this 3 Bedroom, 2 level turnkey offering with a touch of quality you have been yearning for

Oasis is an exclusive pet friendly enclave of mainly owner occupied townhouses with impeccable facilities and only a short trip to the Broadwater

With relatively LOW Body Corp Fees as well as full security, a large residents pool, recreation/Gym area, community room for your private functions, on site management & tennis court, you will rarely have to leave home

What’s on offer?

• 3 bedrooms with the main offering you a big fitted walk-in robe & premium ensuite
• A specially crafted combination of indoor/ outdoor living for year round entertaining
• High quality kitchen with soft closing drawers, AEG induction cooking & dishwasher
• Hybrid modern flooring will impress for both its looks & durability
• Undercover “MUST SEE” alfresco is more than fit for a large get together
• Fully secure garage as well as carport ensure both your vehicles are inside
• Optional outdoor entertaining offers slide out movie screen as well as AstroTurf
• Split system air conditioning & ceiling fans in all bedrooms and living areas
• Recently painted with modern tones
• The community marina berth with key access for owner to launch their kayak
• Marina berths in this complex sometimes come up for lease between owners
• An abundance of visitors parking

What's nearby:
• A short stroll to The Magical Broadwater
• Runaway Bay Shopping Centre with its Cole’s, Aldi, Woolies, Target & Big W
• Harbourtown with its many outlet shops, cinema & numerous dining options
• QLD State’s best Sports Centre - train alongside the world's elite athletes
• The highly regarded Biggera Waters school only 1km away
• Easy stroll to nearby parks, schools and transport options
• 10 minute drive to both Gold Coast private & public Hospitals
• Griffith University campus only a short drive or scooter trip away
• The new light rail extension only 10 minutes away
• Chinatown & Southport's many attractions 10 minutes away as well

Rental potential of around $44,000 per annum
Body Corp fees of around $6,800 per annum
Land & Water Rates combined of around $3,200 per annum
Rental potential is around $850 per week

This property is owner occupied at present & will not last long on the market. Flexible settlement terms on offer

View open homes as soon as you can and feel free to contact Wisdom Realty with any questions you may have

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 70/100 Morala Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$885,000
04 Jun 2024
  • 18 Sep 2024
    Listed for Rent $850 / week
  • 03 Jun 2024
    Sold for $885,000
  • 06 May 2024
    Listed for Sale $899,000
Sign in to see more transactions

Commute Calculator

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 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 67 properties listed for sale, and 9 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Runaway bay.

Suburb Insights for Runaway Bay 4216

Market Insights
Runaway Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Runaway Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Wayne Oweis
Show contact details
Patrick Watsana
Show contact details
Wisdom Realty
Preferred contact:
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.