13/40 Limetree Pde, Runaway Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 206m2 and floor size of 131m2.
This large 3 bedroom top floor apartment is currently tenanted and has a long and strong rental history. This property is offering a rental yield more than 5.3% while the average rental yield for 3 bedroom units in Runaway Bay is only 4.5%. This well-known complex has a constant high rental demand. It can't be missed for investors. Also for home buyers too.
- Spacious top floor apartment with large east-facing balcony and water glimpses.
- Executive sized unit features 2.7m ceilings, 3 bedrooms and 2 bathrooms offering high
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 5,330 properties. Over the last 5 years, Houses in Runaway Bay have seen a 46.95% increase in median value, while Units have seen a 85.44% increase. As at 31 August 2026:
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