255 Morala Ave, Runaway Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 690m2 and floor size of 246m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Bring along the tools to renovate or better still demolish the current property and build your dream home. Make no mistake this is a rare opportunity to purchase a 690m2* parcel of waterfront land and the house will get thrown in. The home does offer 3 bedrooms, master with ensuite, 2 living areas and kitchen positioned to take in the water views.
Situated walking distance to some of Runaway Bay facilities such as Shopping Centre, Sports Centre, Library, Leagues Club and Tavern. All this and only one bridge to the Broadwater.
Some more good fortune for the next owner of this property is it's position next to a vacant parcel of land which is State owned so only one neighbour.
The estate representatives will consider all offers prior to auction. Contact Andrew or Michael for more information and inspection times.
Auction In Rooms Tuesday 13th October at 5.30pm (if not sold prior) - 18 Grice Avenue, Paradise Point.
Where properties are being sold without a price, in accordance with government regulations a price guide cannot be provided. Please also note that the website being viewed may have filtered the property into a price bracket for functionality purposes.
The size of Runaway Bay is approximately 5.3 square kilometres. It has 12 parks covering nearly 26.4% of 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 5,327 properties. Over the last 5 years, Houses in Runaway Bay have seen a 81.66% increase in median value, while Units have seen a 98.14% increase. As at 31 December 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© 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.