QLD/
Runaway bay

Suburb Profile

Runaway Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4216

house
unit

Property investors have seen a 0% gain in RUNAWAY BAY based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains RUNAWAY BAY, 4216 saw average growth in the long term.

The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $970,500

Profits averaged 7.1% per annum over a 3-year period, due to an upward trend in home prices in RUNAWAY BAY, 4216.

This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

The gross rental yield in RUNAWAY BAY, 4216 is 3.48%.

An average of 10.17 real estate transactions take place per month in RUNAWAY BAY which translates to 122 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $970,500 $463,500
GROWTH REPORT
Median Quarterly 0% 0%
Median 12 month 2.43% -5.41%
Median 3 years 21.31% 15.88%
Median 5 years 33.59% 19.61%
10 years average annual 1.9% 0.38%
Weekly media advert. rent $650 $397.5
Time on Market 83.1 days 90.4 days
Gross Rental Yield Percent 3.48% 4.46%
demographics (median values)
Total Population
8449
Weekly Household Income
1050
Household Size
2.20
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