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Sold on 21 Aug 2024 for $870,000

73/100 Morala Avenue
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 226m2
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Property Details for 73/100 Morala Ave, Runaway Bay

73/100 Morala Ave, Runaway Bay is a 3 bedroom, 2 bathroom Townhouse with 3 parking spaces. The property has a floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Townhouse sold in Runaway Bay in the last 12 months.

Building Type
Townhouse
Floor Size
226m2
Local Government
Gold Coast City
Lot/Plan
68/GTP101705

Last Listing description (August 2024)

AS NEW 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 that raises its appeal

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, 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 large walk-in robe & ensuite
• 2 Bathrooms offer floor to ceiling tiles as well as a powder room downstairs
• A specially crafted combination of indoor/ outdoor living for year-round entertaining
• NEW “SHOWCASE” kitchen with soft closing drawers, oven with Air fryer & dishwasher as well as stone tops, dishwasher & subway splashback
• 5 mm Vinyl modern flooring will impress for both its looks & durability
• Pricey Double Glazed windows ensure you can hear a pin drop
• Undercover secure “MUST SEE ALFRESCO” with gate at the back to walk your dogs
• Fully secure garage as well as carport and third car spot outside
• 3 Split system air conditioners & ceiling fans in all bedrooms & living areas
• Recently painted with modern tones & new carpet on stairs and bedrooms
• Quality white plantation shutters & stylish & secure Casement Windows
• The community marina berth with key access for the 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 is only a short drive or scooter trip away
• The new light rail extension is only 10 minutes away
• Chinatown & Southport's many attractions 10 minutes away as well

Outgoings:
Rental potential of around $44,000 per annum
Body Corp fees of around $6,800 Per annum
Land & Water Rates combined of around $3,500 Per Annum

This property is owner-occupied at present & will not last long on the market.

View open homes as soon as you can and feel free to contact Team Wisdom 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 73/100 Morala Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$870,000
21 Aug 2024
Listed for Rent
$360/w
29 Jun 2006
  • 26 Jul 2024
    Sold for $870,000
  • 10 Jul 2024
    Listed for Sale $870,000
  • 10 Apr 2019
    Sold for $370,000
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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 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.

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Wayne Oweis
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Patrick Watsana
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Wisdom Realty
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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.