Back 11/9 Madang Crescent
Off Market

11/9 Madang Crescent

Runaway Bay QLD 4216

2
2
1
136 m²
Apartment
Last sold for $950,000
Steve TaberSteve Taber, last sold this property on 02 September 2025 after 41 days on market.

Overview

Spacious Waterside Apartment Boasting A Perfect Easterly Aspect and Tranquil Water Views - Ideal for Investors or Owner-Occupiers!

Enjoy tranquil waterfront living in this spacious apartment, which is perfectly positioned with an easterly aspect to catch all the welcoming morning sun, and boasts relaxing views across the sparkling complex pool. marina and canal. This boutique complex of only 17 apartments offers an intimate neighbourhood experience, without the clutter of a big complex, and is ideally positioned on the eastern side of Bayview Street, close to all conveniences such as cafes, restaurants, shops, transport, and km's of waterside boardwalks. Property features include; • Spacious living and dining areas, featuring water views and direct access to a full-width waterfront balcony • Large, open plan kitchen featuring white 2-pac cabinetry, contrasting stone benchtops and plenty of cupboards • Master bedroom with stylishly renovated ensuite, walk-in robe and access to a balcony overlooking lush tropical gardens • 2nd bedroom with built-in robes and balcony access • Modern, fully renovated large main bathroom • Perfect easterly aspect to enjoy morning sun and cool breezes • Separate laundry • Secure basement vehicle parking with indoor access to the apartment • Small boutique complex of only 17 apartments • Sparkling waterside pool and tropical landscaped gardens • Private residents boat ramp within the complex • Prime, convenient location close to shops, transport, and the Broadwater • Excellent tenants in place - ideal for investors • Council rates approx. $2,050* per year • Low body corporate fees only approx. $82.70 per week (inc. discount when paid on time) A RARE WATERSIDE GEM OFFERING LIFESTYLE, SPACE AND INVESTMENT POTENTIAL.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
136 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Runaway Bay over the last 12 months, the estimated median property value of 11/9 Madang Crescent is $920k.

Median value
$920k
Estimated value range
$575k - $1.7m
Median days on market
40
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Runaway Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11/9 Madang Crescent

2025
Sold
$950,000
02 Sep 2025 by Steve Taber, of Professionals Vertullo Real Estate
2024
Rented
Undisclosed
Leased on 18 Sep 2024 by Professionals Vertullo Real Estate

Happy sellers in Runaway Bay

81%
81% of sellers in Runaway Bay reported that their sale price either exceeded or met their price expectations.

Runaway Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 48 reviews in Runaway Bay over the last 12 months.

Local market activity for 2 bedroom apartments in Runaway Bay

In the last 12 months, 35 two-bedroom apartments similar to 11/9 Madang Crescent, have been sold.

This represents a 12% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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