406/33-37 Madang Crescent, Runaway Bay, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

406/33-37 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 101m2
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Property Details for 406/33-37 Madang Cres, Runaway Bay

406/33-37 Madang Cres, Runaway Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 101m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2010
Floor Size
50m2
Land Size
101m2
Local Government
Gold Coast City
Lot/Plan
406/SP235708

Last Listing description (May 2022)

Located on the top level of the building and one of only 2 units to boast a 50m2 balcony on the north-eastern corner of the building, the position is prime!

The unit is a very spacious one bedroom, so light, bright and modern. A lovely concertina window in the bedroom opens up to flow through to the lounge, creating a relaxed, open look.

Tiled throughout the living areas to a well-appointed kitchen which includes a dishwasher and brand-new oven and New York style laundry area, neatly situated behind folding doors.

A split system air conditioning unit and a ceiling fan ensure that you are always comfortable if the sea breezes are not enough!

Step out onto the balcony through the huge north & east facing sliding doors to enjoy the 'wow factor' views of the canal, Broadwater and down to Surfers Paradise.

Facilities include a sparkling pool & BBQ area canal side with a communal bridge free pontoon.

A tightly held unit, this is offered for the first time since new.

Cove35 is a modern, highly desired building in the heart of Runaway Bay. Extremely well presented & managed, onsite caretaker, security cameras, a lift and secure basement car parking.
Just a short walk to Runaway Bay Shopping Village, library, medical facilities, bus, cafes & Broadwater.

Individually metered with a long term tenant, good rental income & very reasonable BC fees of $87 per week, this is a good investment and will sell fast!

Features include:
- Top floor north-east facing spacious apartment
- Large 50m2 balcony with fantastic water views
- Good kitchen with new oven and New York style laundry
- Secure basement carpark with lift access
- Pool, BBQ and communal pontoon canal side
- Easy walking distance to shops, cafes and transport
- Low Body Corp
- Good investment with long term lease in place

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 406/33-37 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$452,000
27 Apr 2022
  • 27 Apr 2022
    Sold for $452,000
  • 04 Apr 2022
    Listed for Sale Offers over $450,000
  • 02 Dec 2011
    Sold for $365,000
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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 5,332 properties. Over the last 5 years, Houses in Runaway Bay have seen a 46.95% increase in median value, while Units have seen a 85.44% increase. As at 31 August 2026:

  • The median value for Houses in Runaway Bay is $1,893,485 while the median value for Units is $1,117,884.
  • Houses have a median rent of $1,200 while Units have a median rent of $750.
There are currently 62 properties listed for sale, and 9 properties listed for rent in Runaway bay on OnTheHouse. According to Cotality's data, 250 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.