2/497 Pine Ridge Road, Runaway Bay, QLD 4216 sold on 04 August 2026 | OnTheHouse
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Sold on 04 Aug 2026 for $850,000

2/497 Pine Ridge Road
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 118m2
Land area: 212m2
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Property Details for 2/497 Pine Ridge Rd, Runaway Bay

2/497 Pine Ridge Rd, Runaway Bay is a 3 bedroom, 2 bathroom Townhouse and was built in 1996. The property has a land size of 212m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom Townhouse sold in Runaway Bay in the last 12 months.

Building Type
Townhouse
Year Built
1996
Floor Size
118m2
Land Size
212m2
Local Government
Gold Coast City
Lot/Plan
2/GTP104423

Last Listing description (August 2026)

Welcome to 2/497 Pine Ridge Road, Runaway Bay - a well-proportioned duplex that ticks all the boxes for modern living. Perfect for first home buyers, downsizers or savvy investors, this home combines space, convenience and low maintenance living in a tightly held coastal suburb.

Set on a 212m block, this duplex home offers privacy, land value positioned for strong capital growth and no body corporate fees.

Key features:

- 3 spacious bedrooms - room for family, guests or a home-office setup
- 2 bathrooms including an ensuite to the master bedroom
- Secure double garage with new epoxy flooring, internal access, laundry area and plenty of room for storage
- Single-storey layout with no stairs
- Well-equipped kitchen with ample storage
- Open-plan living and dining area with outdoor access from the living area
- Split system air-conditioning and ceiling fan in the living room
- Security screen doors
- Low-maintenance fully-fenced yard - great for pets, BBQs and easy summer living without the upkeep
- Convenient location, 2 minute walk to public transport, 4 minute drive to Harbour Town Shopping Centre and Runaway Bay Shopping Village
- No body corporate fees

This isn't just a home - it's a lifestyle choice. Runaway Bay delivers a relaxed coastal vibe with parks, shops, schools, public transport and Broadwater access all within easy reach. Whether you're stepping onto the property ladder, locking in a smart investment or simply ready for your next move, this tidy, versatile layout makes everyday living effortless.

Ready for the right owner - make it yours.

Council Rates - Approx. $1,492.99 per 6 months
Water Rates - Approx. $460.95 per quarter
Strata Insurance - Approx. $622.74 per year
Rental Appraisal - $775 to $825 per week (vacant possession)

Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Property History for 2/497 Pine Ridge Rd, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$850,000
04 Aug 2026
Listed for Rent
03 Dec 2025
  • 04 Aug 2026
    Sold for $850,000
  • 03 Jun 2026
    Listed for Sale $850,000
  • 10 Nov 2025
    Listed for Rent $780 / 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 5,348 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 60 properties listed for sale, and 11 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.

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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.