QLD has seen average median house prices change by 2.82% which means that Runaway Bay, 4216 has done well for property investors by showing a capital gain of -3.84% over the last year
Comparing Runaway Bay,4216 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Situated 61.05km from the CBD, Runaway Bay is one of Gold Coast localities in the postcode 4216.
Property investors who have had real estate in Runaway Bay, 4216 should be 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 -6.12%
While Runaway Bay,4216 ranked number 263th in QLD for increase in median house value (annualised) increase, it is ranked 90th over the last 5 years.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 0.67%.