8/16 Madang CrescentRunaway Bay QLD 4216
Property Details for 8/16 Madang Cres, Runaway Bay
8/16 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 209m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Last Listing description (June 2016)
Beautiful two bedroom apartment located across the road from a waterfront park. Meticulous owner has renovated this apartment to the highest standard. Bright and airy north facing balcony, located within walking distance to the Broadwater, Runaway Bay shops and local schools.
- Freshly renovated with quality finishes throughout
- Beautiful kitchen with stone benchtops, integrated dishwasher
- Freshly painted with timber floors
- Air-conditioning, new ceiling fans and roller blinds
- Top floor apartment, one per floor, three storey walk-up
- North facing balcony, great for entertaining
- Security access with intercom
- Low Body corporate fees of $49 per week
Property History for 8/16 Madang Cres, Runaway Bay, QLD 4216
- 07 Dec 2015Sold for $318,500
- 03 Oct 2015Listed for Sale Not Disclosed
- 02 Aug 2004Sold for $235,000
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 5,345 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.
Suburb Insights for Runaway Bay 4216
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