38 Simbai Street, Runaway Bay, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

38 Simbai Street
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 665m2
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Property Details for 38 Simbai St, Runaway Bay

38 Simbai St, Runaway Bay is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 2001. The property has a land size of 665m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
House
Year Built
2001
Land Size
665m2
Local Government
Gold Coast City
Lot/Plan
370/RP170007

Last Listing description (October 2025)

An extraordinary chance awaits with this north-facing, low-set brick and tile property, making its debut on the market after more than two decades. It enjoys an outstanding location and is suitable for immediate living but with significant renovation potential.

Boasting three bedrooms, including a master with an ensuite and a walk-in robe, this residence offers comfortable living. The spacious kitchen, with a walk-in pantry, strategically connects a generous living area and a dining room, easily adaptable into a second living space.

On a 655m2 block, the property includes two double garages and an automatic gate entry. Its prime location situates it just 150 meters from the Seagulls League Club and the Gold Coast High Performance Centre, with the Runaway Bay Shopping Village and transport a mere 300 meters away.

Additional features encompass solar power, solar hot water, and nearly new split-system air conditioning units. While the house is ready for immediate occupancy, its true potential unfolds through a tasteful renovation. The second double garage, designed for a twenty-foot boat and SUV, offers exciting possibilities-it could be seamlessly integrated into the house or redeveloped into a Granny flat.

Key Features:
Low-set north-facing house with three bedrooms, two bathrooms
Master bedroom with ensuite and walk-in robe
Spacious kitchen with a walk-in pantry
Separate dining room or second living area
Two double garages
Solar power and solar hot water
Electric sliding gate
655m2 block within easy walking distance to Runaway Bay Shopping Centre
200 metres to St Francis Xavier Primary School
Suitable for immediate living with significant renovation potential

This property is not just a home; it's a canvas for your dream residence. This property must be sold. Don't miss this unique opportunity-act swiftly!

Disclaimer: We have in preparing this information used our 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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 38 Simbai St, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$985,000
18 Dec 2023
Listed for Rent
$850/w
07 Mar 2025
  • 13 Oct 2025
    Listed for Sale Offers over $1,000,000
  • 14 Feb 2025
    Listed for Rent $850 / week
  • 18 Dec 2023
    Sold for $985,000
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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 5,334 properties. Over the last 5 years, Houses in Runaway Bay have seen a 63.11% increase in median value, while Units have seen a 104.62% increase. As at 31 May 2026:

  • The median value for Houses in Runaway Bay is $1,872,677 while the median value for Units is $1,141,644.
  • Houses have a median rent of $1,195 while Units have a median rent of $750.
There are currently 56 properties listed for sale, and 11 properties listed for rent in Runaway bay on OnTheHouse. According to Cotality's data, 267 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.