5/10 Madang CrescentRunaway Bay QLD 4216
Property Details for 5/10 Madang Cres, Runaway Bay
5/10 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 259m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (January 2023)
This generous two bedroom unit with a northerly aspect is situated in the heart of Runaway Bay and soaks up the sunshine and summer breezes all year around.
This unit is a rare find, substantially the larger of the five units in the building it boasts a private terrace upstairs, a modernised kitchen and large open plan living space.
The rooms feature built-in wardrobes and share one large bathroom and separate toilet. '
Body Corporate Fees approximately $80 per week
Property is tenanted until the 13/03/23 for $380 per week.
Rental Appraisal $500 per week
Runaway Bay has an atmosphere all on its own with expansive scenic waterside green space and long walk-ways, a thriving boating culture and excellent marinas, trendy cafes and restaurants and one of the best major shopping centres on the Gold Coast Harbour Town and Runaway Bay walking distance. It's also only approximately 8 kilometres away from Griffith University Hospital and Medical Precinct.
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Property History for 5/10 Madang Cres, Runaway Bay, QLD 4216
- 10 Oct 2022Sold for $415,000
- 31 Aug 2022Listed for Sale $445,000
- 03 Feb 2021Listed for Rent - Price not available
Recent sales nearby
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0About 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 5,333 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.
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