5/24 Madang Crescent, Runaway Bay, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

5/24 Madang Crescent
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 3 Aug 2026
Low

High
Save

Property Details for 5/24 Madang Cres, Runaway Bay

5/24 Madang Cres, Runaway Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1984
Local Government
Gold Coast City
Lot/Plan
5/BUP6166

Last Listing description (August 2024)

Renovated Apartment in Sought-after Location

This charming three-bedroom unit in the highly sought-after Runaway Bay area has been beautifully renovated to provide contemporary comfort and style, resulting in a welcoming and modern open-plan living space. Each of the generously sized bedrooms features built-in robes. The unit also includes a modern contemporary bathroom with a separate toilet and a laundry room with ample storage. Relax and unwind on the sunlit north-facing balcony with views of the water vistas, offering a perfect spot for serene mornings and tranquil evenings.

Spacious open-plan living area
Sleek modern kitchen with ample storage

Three generously sized bedrooms with built-in wardrobes
Contemporary bathroom with separate toilet
Independent laundry with abundant storage
Ceiling fans throughout for comfort
Sunlit north-facing balcony
Secure single lock-up garage

Perfectly positioned just moments from local schools, shopping centres, and a short drive to Gold Coast University Hospital and Griffith University. Act quickly - properties in this location don't last long!

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 5/24 Madang Cres, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$632,000
10 Jun 2024
  • 10 Jul 2024
    Sold for $632,000
  • 09 Jul 2024
    Listed for Rent $690 per week
  • 10 May 2024
    Listed for Sale UNDER CONTRACT
Sign in to see more transactions
Commute Calculator

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 5,345 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 58 properties listed for sale, and 10 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.

Suburb Insights for Runaway Bay 4216

Market Insights
Runaway Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Runaway Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.