8/20 Canal AvenueRunaway Bay QLD 4216
Property Details for 8/20 Canal Ave, Runaway Bay
8/20 Canal Ave, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 107m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Runaway Bay in the last 12 months.
Last Listing description (August 2026)
Positioned in a highly sought-after location just moments from the Broadwater, this spacious north-facing apartment with one marina berth with direct Broadwater boat access presents an outstanding opportunity for investors seeking immediate income and long-term growth potential.
Featuring two generous bedrooms, two bathrooms, and secure basement parking for one vehicle, the apartment offers a practical and comfortable layout designed to maximise natural light and year-round coastal breezes. The desirable north-facing aspect creates a bright and welcoming living environment while enhancing the property's appeal to quality tenants and future owner-occupiers alike.
Currently leased at $750 per week until 30 September 2026, this property provides a secure rental return from day one, making it an attractive addition to any investment portfolio.
Property Features:
Large appointed Marina birth included with sale
2 spacious bedrooms with built-in wardrobes
2 well-appointed bathrooms, including ensuite to master
Light-filled open-plan living and dining area
North-facing balcony capturing sunshine and breezes
Secure basement parking for 1 vehicle
Strong investment credentials with tenancy in place until September 2026
Low-maintenance lifestyle in a highly desirable coastal location
Located within walking distance to the Broadwater, local cafs, restaurants, parks, public transport, and shopping amenities, this apartment combines lifestyle appeal with excellent investment fundamentals.
Whether you're looking to expand your portfolio or secure a future home in a premium location, this is an opportunity not to be missed.
Property History for 8/20 Canal Ave, Runaway Bay, QLD 4216
- 10 Aug 2026Sold
- 09 Jun 2026Listed for Sale offers over $1,050,000
- 27 Aug 2025Listed for Rent $750 / week
Recent sales nearby
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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 5,348 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.
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