12/16 Madang Crescent, Runaway Bay, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

12/16 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 209m2
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Last updated 3 Aug 2026
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Property Details for 12/16 Madang Cres, Runaway Bay

12/16 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 76m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1985
Floor Size
76m2
Land Size
209m2
Local Government
Gold Coast City
Lot/Plan
12/BUP7194

Last Listing description (June 2026)

As per Queensland Legislation changes that took effect 06 June 2024, the last property rent increase was September 11th 2025. Inline with Legislation the Property Owner and Harcourts RG Hope Island Disclose that the rent will increase to $670.00 Per Week as of September 12th 2026.

Positioned in a sought-after location, this neat and tidy 2 bedroom apartment offers a low-maintenance lifestyle with everything you need close by.
The home features a practical open-plan living and dining area, a functional kitchen with good storage, and a private balcony where you can enjoy the fresh coastal breezes. Both bedrooms are generously sized, serviced by a well-kept bathroom. A single carport provides secure off-street parking, while the property's prime position means you're just minutes from the Broadwater, Runaway Bay Shopping Centre, cafes, parks, and public transport.

- 12 Month Lease
- 2 spacious bedrooms
- 1 bathroom
- Open-plan living and dining area
- Private balcony for outdoor relaxation
- Single carport for convenience
- Close to shops, cafes, parks, and the Broadwater

Disclaimer: Harcourts RG Hope Island Team have endeavoured to ensure in preparing this advertisement, that the information contained is true and accurate we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained.

Property History for 12/16 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$335,000
10 Nov 2020
Listed for Rent
$615/w
03 Jun 2026
  • 03 Jun 2026
    Listed for Rent $615 / week
  • 01 Sep 2025
    Listed for Rent $615 / week
  • 15 May 2022
    Listed for Rent $485 / week
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About 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 5,345 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.
There are currently 58 properties listed for sale, and 10 properties listed for rent in Runaway bay on OnTheHouse. According to Cotality's data, 262 properties were sold in the past 12 months in Runaway bay.

Suburb Insights for Runaway Bay 4216

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.