31 Madang Crescent Runaway Bay QLD 4216

3 / 2 / 1 / 612 m2

Here you can find what you need to know about 31 Madang Crescent , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Runaway Bay, QLD and much more.

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Property Insights

31 Madang Crescent Estimated Value

$697,000 - $887,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
Medium confidence estimate
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Last sold for $620,000 on 24/08/2010

Sale Type: Normal Sale

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 3
Bathrooms 2
Car Spaces 1
Land Size 612 m2
Floor Area -
House Type House: One Storey / Lowset
Council Area Gold Coast City - Gold Coast
Year Built n/a
Zone RESIDENTIAL C (GOLD COAST)
Lot/Plan 3/RP100394 Runaway Bay QLD
Property Type House

Last listing description (July 2020)

THIS HAS EVERYTHING, LOCATION, LAND SIZE AND A CHARMING CHALET STYLE HOME TO IMMEDIATELY LIVE IN OR DEVELOP.
GOOD NEWS! WE ARE STILL DOING PRIVATE INSPECTIONS ON THIS PROPERTY-BOOK YOURS TODAY!
VIRTUAL PRIVATE INSPECTIONS ALSO AVAILABLE.

THIS RUNAWAY BAY DEVELOPMENT OPPORTUNITY IS SUITABLE FOR 4 TOWNHOUSES, ALL THE PRELIMINARY WORK HAS BEEN DONE,
The potential of this property is well presented with 3D Rendered Images and all the engineering and structural detail in place for you to review.

The 3 bedroom, 2 bathroom dwelling is located on the corner of the block with bridge free seaway access, all in a quiet part of Runaway Bay.
This project's outstanding possibilities are obvious and once you crunch the numbers, this investment would be hard to pass up for the right developer or investor.
Runaway bay is the northern hub of the Gold Coast, Boasting a huge shopping Centre, World Class sporting facilities, access to the Broadwater and ocean inlets, Gold Coast canals, theme parks and Public transport. Schools, medical and public services are all nearby in this tropical paradise called Runaway Bay.

APPOINTMENT ONLY, PLEASE CALL Hasham Eldahr on 0414 395 600 now for further details

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

'This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionally purposes'.

Property Timeline

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State Auction Clearance Rates - August 2020

Auctions Clearance rate
QLD 122 45%
ACT 41 73%
NSW 542 65%
NT 5 60%
SA 30 70%
TAS 0 0%
VIC 256 73%
WA 11 18%

Suburb Insights

Runaway Bay, QLD 4216

No data available Part of: Gold Coast Council

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Here you can find everything you need to know about 31 Madang Crescent, including the property sale history and estimated market value as well as insights into Madang Crescent and Runaway Bay 31 Madang Crescent Runaway Bay QLD 4216