Over the last year, property investments in Runaway Bay, 4216 have given investors a capital gain of 3.55%. This compares averagely with the 2.39% for QLD as a whole.
Across a shorter period, Runaway Bay, 4216 has seen a median price increase of 0.31% over the last quarter.
Sellers are offering property buyers an average discount of -5.46% to buyers in Runaway Bay at the moment, which is less than average for the rest of QLD.
With the median price for a house in Runaway Bay being $963000 and the advertised rent reaching $620 the gross rental yield for property investors calculates out to be 3.35%
Property investors who have had real estate in Runaway Bay, 4216 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.16%
While Runaway Bay,4216 ranked number 252th in QLD for increase in median house value (annualised) increase, it is ranked 216th over the last 5 years.
At number 159th 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.
In the last year 187 properties changed hands in Runaway Bay, which puts it as the 37th most active market in QLD when comparing the number of sales per suburb.