Runaway Bay
QLD, 4216
-
Gold Coast
Thinking about buying in Runaway Bay? Now could not be a better time, with 7111 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,212,000 with prices in this suburb ranging from $246,000 to $9,478,000. Runaway Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $665.71 |
| Median Monthly Mortgage | $2292.00 |
| Median Persons Per Bedroom | 0.71 |
| Average Household Size | 2.57 |
| Average Age | 56.36 |
| Average Income | $757.29 |
| Average Cars Per Dwelling | 1.78 |
| Average Properties Within 50M | 83 |
Housing Stock
Average Property Prices
| 1 Bed $464,000 |
| 2 Bed $675,000 |
| 3 Bed $1,170,000 |
| 4 Bed $1,751,000 |
| 5 Bed $2,345,000 |
| 6 Bed+$2,097,000 |
Runaway Bay Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Runaway Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Runaway Bay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Runaway Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Houses for sale Runaway Bay
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Local Schools
St Francis Xavier School
Biggera Waters State School
Coombabah State High School
Coombabah State School
Labrador State School
(While the above schools are located with the suburb of Runaway Bay there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Runaway Bay weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Nov | 1.4 | 19.2 | 27.4 | 54.3 | 89.0 | 5.4 | 27.5 |
| Dec | 5.6 | 20.9 | 28.4 | 60.5 | 91.9 | 5.5 | 25.3 |
| Jan | 5 | 22.0 | 29.2 | 61.1 | 90.6 | 6.1 | 24.6 |
| Feb | 8.3 | 21.7 | 29.0 | 63.2 | 90.9 | 6.3 | 21.9 |
| Mar | 7.5 | 21.0 | 28.2 | 61.2 | 90.6 | 6.2 | 18.2 |
| Apr | 4.3 | 18.2 | 26.4 | 56.5 | 90.6 | 5.5 | 16.7 |
| May | 2.1 | 15.0 | 23.5 | 53.8 | 87.4 | 4.7 | 13.8 |
| Jun | 2.7 | 12.9 | 21.5 | 52.1 | 87.8 | 4.7 | 11.9 |
| Jul | 2.2 | 12.1 | 21.3 | 48.5 | 88.0 | 4.7 | 13.2 |
| Aug | 0.5 | 12.2 | 22.9 | 40.2 | 86.1 | 4.4 | 16.4 |
| Sept | 0.9 | 14.8 | 24.6 | 45.3 | 85.5 | 5.0 | 21.1 |
| Oct | 1.8 | 17.1 | 25.7 | 56.7 | 92.2 | 5.9 | 22.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Griffith University - Less than 10 KM
Queen Street - Less than 10 KM
Southport - Less than 10 KM
Helensvale - Less than 10 KM
Runnaway Bay - Less than 1 KM
Southport Broadwater Parklands - Less than 10 KM
Sea World - Less than 10 KM
Gold Coast University Hospital - Less than 10 KM
Helensvale - Less than 10 KM
Sea World Resort - Less than 10 KM
General Points of Interest
Harbour Town Outlet Shopping Centre - Less than 5 KM
Griffith University Swimming Pool - Less than 10 KM
Pirates Photo - Less than 10 KM
Surfers Paradise Lifeguard Centre - Less than 10 KM
Gold Coast Pistol Club - Less than 10 KM
Chevron Renaissance Shopping Centre - Less than 10 KM
Warner Bros. Movie World - Less than 10 KM
Paradise Country - Less than 10 KM
Griffith University Gold Coast - Less than 10 KM
Nickelodeon Land - Less than 10 KM
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