SOLD
Sold on 24 Sep 2024 for $855,000

8/395 Pine Ridge Road
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 103m2
Sold By
Stephen Cone
Professionals Vertullo Real Estate
Zac Lucas
Professionals Vertullo Real Estate
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Property Details for 8/395 Pine Ridge Rd, Runaway Bay

8/395 Pine Ridge Rd, Runaway Bay is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2004. The property has a land size of 103m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Townhouse sold in Runaway Bay in the last 12 months.

Building Type
Townhouse
Year Built
2004
Floor Size
138m2
Land Size
103m2
Local Government
Gold Coast City
Lot/Plan
8/SP156483

Last Listing description (October 2024)

Discover the perfect blend of comfort and convenience with this charming and spacious townhouse that offers all the privacy of a free-standing house without the upkeep.

Tastefully renovated, the property offers a large living/dining area that seamlessly connects to a delightful outdoor entertaining space perfect for those who love to relax with friends. The contemporary kitchen is equipped with quality appliances and offers abundant cupboard space for all your culinary needs.

Upstairs, you'll find three generously sized bedrooms, including the oversized master that features a stylish ensuite.

Situated in a small, secure, gated community, this townhouse is positioned in the heart of Runaway Bay, conveniently close to shops, schools, and public transport. With easy access to the M1 and the stunning Gold Coast beaches nearby, it's perfect for those who cherish the outdoor lifestyle.

Property features:

? Secluded end position, only one adjoining neighbour
? Private courtyard with covered outdoor entertainment area
? Spacious open-plan living and dining
? Beautifully updated, including stylish kitchen
? Double garage
? Separate laundry area
? Air conditioning & ceiling fans throughout
? Ample storage space
? Fully fenced yard
? Council Rates Approx $2000 Water Rates $1500 per year
? Body Corporate $100/week
? Rental appraisal $750 per week

Property History for 8/395 Pine Ridge Rd, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$855,000
24 Sep 2024
Listed for Rent
$430/w
03 Nov 2013
  • 24 Sep 2024
    Sold for $855,000
  • 19 Aug 2024
    Listed for Sale Not Disclosed
  • 18 May 2022
    Listed for Sale Sold
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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 5,306 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 57 properties listed for sale, and 7 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 273 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.