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Median values are calculated based on data over a 12 month period.

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Market Report

Runaway Bay has 133 houses available for sale. The median property price for a house is currently 1,400,000 with annual capital growth of 8.74 . There were 124 house sales in the past 12 months. On average, houses spend 38 days on market.

If you're thinking about buying an investment property in Runaway Bay, consider that rental yields for houses are currently 3.65 with an average median rent of 1,100 weekly. Houses have seen 6.06 growth in the past quarter, and 8.74 growth in the past 12 months.

The size of Runaway Bay is approximately 5.3 square kilometres. It has 12 parks covering nearly 26.4% of total area. The population of Runaway Bay in 2011 was 8,912 people. By 2016 the population was 9,066 showing a population growth of 1.7% in the area during that time. The predominant age group in Runaway Bay is 60-69 years.

Households in Runaway Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runaway Bay work in a professional occupation. In 2011, 65.2% of the homes in Runaway Bay were owner-occupied compared with 66.5% in 2016.

Runaway Bay has 140 units available for sale. The median property price for a unit is currently 717,000 with annual capital growth of 7.82 . There were 144 unit sales in the past 12 months. On average, units spend 28 days on market.

If you're thinking about buying an investment property in Runaway Bay, consider that rental yields for units are currently 4.56 with an average median rent of 650 weekly. Units have seen 2.65 growth in the past quarter, and 7.82 growth in the past 12 months.

The size of Runaway Bay is approximately 5.3 square kilometres. It has 12 parks covering nearly 26.4% of total area. The population of Runaway Bay in 2011 was 8,912 people. By 2016 the population was 9,066 showing a population growth of 1.7% in the area during that time. The predominant age group in Runaway Bay is 60-69 years.

Households in Runaway Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runaway Bay work in a professional occupation. In 2011, 65.2% of the homes in Runaway Bay were owner-occupied compared with 66.5% in 2016.

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Key Market Data House Unit
Median price 1,400,000 717,000
Quarterly growth +6.06 +2.65
12-month growth +8.74 +7.82
Average annual growth +10.49 +7.41
Weekly median rent 1,100 650
Gross rental yield 3.65 4.56
Number of Sales (12m) 124 144
Avg. Days on Market (12m) 38 28
Jump to Market Trends
Key Demographics 2011 2016
Total population 8,912 9,066
Population change (5y) +5.47 +1.70
Median household income (p/w) 1,062 1,283
Household income change (5y) -0.56 +20.81
Median age of persons 50 52
Jump to Demographics Trends
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