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Runaway Bay

POSTAL CODE: QLD, 4216
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Property investors have seen a -11.13% drop in RUNAWAY BAY based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on RUNAWAY BAY, 4216 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.41%.

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 $1,617,500

Profits averaged 6.33% 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 $1000 based on current median home prices for the suburb.

The gross rental yield in RUNAWAY BAY, 4216 is 3.21%.

An average of 11.17 real estate transactions take place per month in RUNAWAY BAY which translates to 134 per annum.

Surburb overview

Runaway Bay is a coastal suburb in Queensland's northern Gold Coast region. It is approximately 10 kilometres north of Surfers Paradise and about 70 kilometres south of Brisbane. Positioned along the Broadwater, the suburb is known for its extensive canal system, which provides direct water access to the Pacific Ocean.

Runaway Bay's population includes a diverse mix of families, retirees, and professionals. Housing options range from waterfront mansions and townhouses to modern apartments and established suburban homes. Many properties feature private pontoons and moorings, making the area particularly attractive to boating enthusiasts.

Public transport services include Translink bus routes that connect Runaway Bay to Southport, Helensvale, and other key areas of the Gold Coast. Helensvale Station, located about 7 kilometres away, offers train services to Brisbane and surrounding regions. The Pacific Motorway is also easily accessible, providing convenient road connections.

The suburb is well-serviced, with shopping and dining options. Runaway Bay Shopping Village is a central retail hub featuring supermarkets, specialty stores, medical facilities, and cafes. Nearby, Harbour Town Premium Outlets offers broader retail and dining choices. Local schools include Coombabah State School and A.B. Paterson College, with additional educational institutions in the surrounding suburbs.

Recreational facilities are abundant, with Runaway Bay Sports Centre offering athletics tracks, netball courts, and fitness amenities. The Broadwater provides opportunities for boating, fishing, kayaking, and other water sports, while the foreshore features parks, walking tracks, and picnic areas. The suburb is also home to the Runaway Bay Marina, catering to boating enthusiasts with berthing and marine services.

With its waterfront lifestyle, established amenities, and proximity to key shopping and recreational precincts, Runaway Bay continues to be a sought-after suburb for residents seeking a balance between convenience and coastal living.

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