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Runaway Bay

QLD/
Runaway bay

Suburb Profile

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

house
unit

Property investors have seen a -3.39% drop in RUNAWAY BAY based on a decrease 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 $927,500

Profits averaged 0.46% 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 $700 based on current median home prices for the suburb.

The gross rental yield in RUNAWAY BAY, 4216 is 3.92%.

An average of 12.83 real estate transactions take place per month in RUNAWAY BAY which translates to 154 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $927,500 $490,000
GROWTH REPORT
Median Quarterly -3.39% 2.08%
Median 12 month 3.06% 6.52%
Median 3 years 1.37% 8.29%
Median 5 years 26.45% 10.67%
10 years average annual 1.19% 1.08%
Weekly media advert. rent $700 $420
Time on Market 71.1 days 104.9 days
Gross Rental Yield Percent 3.92% 4.46%
demographics (median values)
Total Population
8449
Weekly Household Income
1050
Household Size
2.20
demographics
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