Back 5/10 Madang Crescent
Off Market

5/10 Madang Crescent

Runaway Bay QLD 4216

2
1
1
120 m²
Unit
Last sold for $415,000
Stephen ConeStephen Cone, last sold this property on 23 November 2022 after 84 days on market.

Overview

Entry Level Apartment - Envious Location

This generous two bedroom unit with a northerly aspect is situated in the heart of Runaway Bay and soaks up the sunshine and summer breezes all year around. This unit is a rare find, substantially the larger of the five units in the building it boasts a private terrace upstairs, a modernised kitchen and large open plan living space. The rooms feature built-in wardrobes and share one large bathroom and separate toilet. ' The unit comes with a 3x 3m storage room downstairs & one car park Body Corporate Fees approximately $80 per week Property is tenanted until the 13/03/23 for $380 per week. Rental Appraisal $500 per week Runaway Bay has an atmosphere all on its own with expansive scenic waterside green space and long walk-ways, a thriving boating culture and excellent marinas, trendy cafes and restaurants and one of the best major shopping centres on the Gold Coast Harbour Town and Runaway Bay walking distance. It's also only approximately 8 kilometres away from Griffith University Hospital and Medical Precinct. Disclaimer: Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
120 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Runaway Bay over the last 12 months, the estimated median property value of 5/10 Madang Crescent is $815.5k.

Median value
$815.5k
Estimated value range
$675k - $1.54m
Median days on market
24
Estimated value trend
20%
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 5/10 Madang Crescent

2022
Sold
$415,000
23 Nov 2022 by Stephen Cone, of LJ Hooker Broadwater

Happy sellers in Runaway Bay

84%
84% 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 50 reviews in Runaway Bay over the last 12 months.

Local market activity for 2 bedroom units in Runaway Bay

In the last 12 months, 9 two-bedroom units similar to 5/10 Madang Crescent, have been sold.

This represents a 50% increase in two-bedroom units sales when compared to the previous 12 months.

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