Back 4/18 Madang Crescent
Off Market

4/18 Madang Crescent

Runaway Bay QLD 4216

2
1
1
0 m²
Apartment
Last sold for $418,000
Tyson HillTyson Hill, last sold this property on 28 April 2022 after 51 days on market.

Overview

Calling all investors….

Perfect position, centrally located in the heart of booming Runaway Bay, situated right across from a grassed park with views down the canal to the entry of the Broadwater. This unit is an excellent investment with an ideal long term tenant in place since 2014 and just signed a further 12-month lease. Just meters to the Broadwater, boating, fishing, boat ramp etc and approx. 20 minutes' drive to Surfers Paradise. With all the amenities nearby such as shopping, schools, transport, beach, restaurants and cafes this will be a very smart buy for future growth. Features include: * Open plan living with air conditioning * Two good size bedrooms * Large kitchen * Laundry room * Secure 1 car lock up garage * Rented until mid May 2023 * Low Body Corp only 5 units in the complex To book in a viewing for this property please call Tyson Hill on 0433694688.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 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 4/18 Madang Crescent is $965k.

Median value
$965k
Estimated value range
$650k - $1.83m
Median days on market
38
Estimated value trend
5%
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 4/18 Madang Crescent

2025
Rented
Undisclosed
Leased on 16 Oct 2025 by Astute Realty
2023
Rented
Undisclosed
Leased on 25 Sep 2023 by Astute Realty
2022
Sold
$418,000
28 Apr 2022 by Tyson Hill, of Paul Hill Realty

Happy sellers in Runaway Bay

82%
82% 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 41 reviews in Runaway Bay over the last 12 months.

Local market activity for 2 bedroom apartments in Runaway Bay

In the last 12 months, 34 two-bedroom apartments similar to 4/18 Madang Crescent, have been sold.

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

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