Runaway Bay, 4216 ranked 219th in QLD when comparing growth in median property values or capital gain over the last 12 months. Runaway Bay is one of 2415 in our list for QLD
Runaway Bay,4216 was ranked 1592 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Runaway Bay is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 366th in terms of most discounted suburbs in QLD
Runaway Bay, 4216’s gross rental yield is 3.64%
Property investors who have had real estate in Runaway Bay, 4216 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.00%
If we look at median property appreciation over just the last three months, Runaway Bay has given property investors a paper return of -0.40%. This puts Suburb as 205 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Runaway Bay should be aiming for at least -5.81% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Runaway Bay, 4216 is in the Gold Coast local government area.