2/24 Madang Crescent, Runaway Bay, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

2/24 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 98m2
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Last updated 6 Jul 2026
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Property Details for 2/24 Madang Cres, Runaway Bay

2/24 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 98m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1984
Floor Size
96m2
Land Size
98m2
Local Government
Gold Coast City
Lot/Plan
2/BUP6166

Last Listing description (October 2022)

This lovely ground floor unit is just a short stroll to a stunning waterfront park and within walking distance to Runaway Bay shopping centre. Brand new carpet in the spacious living and both bedrooms gives this unit a fresh look.

Features include:
2 bedrooms both with built in robes

Spacious living / dining room with air con
Generous kitchen
Bathroom laundry combination
Separate toilet
Single lock up garage with auto door
Ground floor unit in small block of only 8 units
Brand new carpet throughout

Rent includes water.
12 months lease.

PLEASE NOTE: WHEN THIS PROPERTY IS OPEN FOR INSPECTION IT IS UNDER CONTROLLED CONDITIONS
* If you are unwell or have cold and flu like symptoms please do not enter the property.
* Social distancing of 1.5m should be observed at all times.
* Please refrain from touching or contacting hard surfaces such as door knobs and benchtops.
Our first priority is everyone's safety.

Disclaimer:
PLEASE NOTE - Due to the current COVID-19 regulations please opt to send an email over making a phone call as our offices have reduced trading hours.

INSPECTIONS - REA App may not show available times to book and view inspection times go to www.*** OR www.hillsea.rentals**

Disclaimer:*Important* Whilst every care is taken in the preparation of the information contained in this marketing, Hillsea will not be held liable for any errors in typing or information. All information is considered correct at the time of advertising.

Property History for 2/24 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$410,000
15 Jul 2022
Listed for Rent
$550/w
07 Oct 2022
  • 27 Sep 2022
    Listed for Rent $550 / week
  • 15 Jul 2022
    Sold for $410,000
  • 29 Jun 2022
    Listed for Sale Offers over $430,000
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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 5,342 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.
There are currently 61 properties listed for sale, and 7 properties listed for rent in Runaway bay on OnTheHouse. According to Cotality's data, 263 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.