Property value increases in Runaway Bay have tracked close to the QLD average of 2.06% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Runaway Bay comes in at number 63th in QLD.
The most recent median price for Runaway Bay is $950000, with sellers offering an average of -6.78% off the asking price.
Property investors should expect to get $677.5 weekly from the median priced house in this suburb.
Runaway Bay has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.22% to date .
Over the longer term, Runaway Bay has seen property prices show investors a 3.00% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Runaway Bay, 4216. Typically our figures indicate that -5.68% is being offered, which puts this QLD suburb at 577th most discounted overall in Australia.
Often selling an investment property can take time, and in Runaway Bay the average time real estate has been on the market is 101.17 days.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.