10/16 Madang CrescentRunaway Bay QLD 4216
Property Details for 10/16 Madang Cres, Runaway Bay
10/16 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 209m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (July 2023)
Perfect Two-bedroom unit with a massive balcony situated on the first level of the building.
Only 25 meters away from the Broad water and only a short distance to Runaway Bay Shopping Centre, Cafes and Medical Centres.
Features include:
- Open plan separate living & dining
- Functional open plan kitchen
- Large east facing balcony off living area
- Bathroom and shower/bath and a separate toilet
- Single covered car space
- Security access & intercom
- Elevated position to catch the cool breezes
- Short walk to local amenities
- Units in complex: 13
- Dwelling size: 99m2
- Year built: 1985
- Sinking fund balance: $87,444.22
- Low Body Corporate fees: $55.47
This Unit is currently tenant at $420p.w till 10th June 2024
Make sure you add this property to your list. Please do not hesitate to contact Bernie on 0424 648 533 for more information.
Property History for 10/16 Madang Cres, Runaway Bay, QLD 4216
- 12 Jun 2023Sold for $465,000
- 05 May 2023Listed for Sale OFFERS OVER $449,000
- 11 May 2020Listed for Rent $300 / week
Recent sales nearby
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0About Runaway Bay 4216
The size of Runaway Bay is approximately 5.3 square kilometres. There are 12 parks, covering nearly 26.4% of the total area. The population of Runaway Bay in 2016 was 9068 people. By 2021 the population was 9308 showing a population growth of 2.6% in the area during that time. The predominant age group in Runaway Bay is 70-79 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 2021, 70.70% of the homes in Runaway Bay were owner-occupied compared with 66.50% in 2016.
Runaway Bay has 5,347 properties. Over the last 5 years, Houses in Runaway Bay have seen a 43.18% increase in median value, while Units have seen a 94.99% increase. As at 31 July 2026:
- The median value for Houses in Runaway Bay is $1,844,526 while the median value for Units is $1,140,323.
- Houses have a median rent of $1,190 while Units have a median rent of $750.
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