Runaway Bay is an average performer in QLD when comparing median price capital growth over the last year. Runaway Bay gave property investors a average capital gain figure when compared to the rest of the state, with 4.36%.
Taking the average capital gain, or increase in median house value, Runaway Bay,4216 has racked up an average of 4.36% over the period. This ranks it number 1165th in the whole country for real estate investors looking at median house price increases.
At number 359th of QLD’s most discounted properties, Runaway Bay is in the middle of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $662.5 mark per week – giving a return of 3.60% based on the median price in Suburb
Giving property investors a an average capital gain of 1.10% for the last year, Runaway Bay, 4216 is the 973th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Runaway Bay has increased when compared to the 5 year average annual rate.
Vendor discounting in Runaway Bay is giving property investors an average Vendor Discount of around -5.94%. This puts suburb at number 133th in QLD when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.