2/16 Madang CrescentRunaway Bay QLD 4216
Property Details for 2/16 Madang Cres, Runaway Bay
2/16 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (July 2021)
Perfect Two Bedroom Unit With Massive Courtyard Metres To Broadwater
Welcome to 2/16 Madang Crescent, Runaway Bay. This perfect ground floor unit is positioned along a quiet waterside street within a boutique block of units in the prestigious and highly sought suburb of Runaway Bay. Featuring two generous bedrooms, a spacious open plan design and an expansive ground floor courtyard, this unit is oozing with endless potential. Whether for your own occupancy or as an income generating asset poised for future growth, the exclusive Runaway Bay lifestyle of scenic waterside walkways, thriving boat culture and award-winning dining is at your fingertips.
Features Include:
- Two generous bedrooms with ceiling fans
- Spacious open plan living and dining
- Bathroom with shower/bath and separate toilet
- Well sized functional kitchen
- Huge leafy ground floor courtyard
- Single covered car space
- Well maintained unit with endless refurbishment potential
- Exclusive neighbourhood just a short walk to local amenities
- Units In Complex: 13
- Total Land Share: 1,457m2
- Rental Return: $330 per week
- Lease Expires: 28/03/2022
- Rental Appraisal: $370 - $410 per week
- Council Rates: $1,856 pa approx.
- Body Corp: $49.90 per wk approx.
- Sinking Fund: $82,024.52 approx.
- Year Built: 1985
Runaway Bay has a unique and enviable atmosphere of high-end waterside living, boating and dining. This ground floor unit is located just a short stroll to shops, local cafes, restaurants, the sparkling Broadwater and just a short drive to Harbour Town and other local amenities. This is relaxed and effortless living at its best, don't miss out on this golden opportunity to make 2/16 Madang Crescent yours.
For more information, please do not hesitate to contact The Sam Westaway Team on 0404 901 465.
Advertising Disclaimer: In preparing this property for sale we have used our absolute 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 2/16 Madang Cres, Runaway Bay, QLD 4216
Recent sales nearby
See more recent sales nearby/assets/perm/p2oh6ykc4yi63nkxwvrsw66l7q?signature=b8a9d810cba5d98c0b3ce4ed2c4264da8c4f781fad42e0f6e5da279a8d18768e){kind=logo}
0
/assets/perm/knrbvf77yei6tfpe24l4h5o5iy?signature=b2d1c36827fbbc3e7b1ddadc3603837f01d996e04a669ec118c32a80ba270331){kind=logo}
0/assets/perm/73img256mqi6njwnzxxfnttpla?signature=c75fc360470df32a071984235d904f22051e9167d6d1e00dfaff360eed8ec705){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 5,341 properties. Over the last 5 years, Houses in Runaway Bay have seen a 55.43% increase in median value, while Units have seen a 96.25% increase. As at 30 June 2026:
- The median value for Houses in Runaway Bay is $1,880,261 while the median value for Units is $1,135,448.
- Houses have a median rent of $1,100 while Units have a median rent of $750.
Suburb Insights for Runaway Bay 4216
Market Insights
Runaway Bay Trends for Houses
N/A
N/A
View TrendN/A
N/A
Runaway Bay Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
