78 Limetree Parade, Runaway Bay QLD 4216
78 Limetree Parade, Runaway Bay QLD 4216
Detached house on 704sqm | Last sold 1993 | Established coastal suburb | Family-oriented street | Flood overlay present
This property occupies a competitively strong position in Runaway Bay through its combination of detached house form, a full 704-square-metre site, and a last-sale history that predates the current cycle of coastal price growth. For families or downsizers seeking a larger landholding in an established coastal suburb, this represents a rare configuration that is increasingly difficult to find within the current stock profile. The street context is residential and family-oriented, and the property is best suited to a buyer who values land size and detached living over a modern finish or turnkey condition.
The age of the dwelling and the absence of a verified renovation history may materially affect the property’s value, as a buyer should weigh the likely capital required for updates against the purchase price. The flood overlay detected on the street introduces a constraint that may influence both insurance costs and long-term resale appeal, though its site-specific impact remains unconfirmed. The 1993 sale date suggests the current structure may reflect an older construction standard, which a buyer should consider when forming a view on price and future renovation scope.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 78 Limetree Parade, Runaway Bay QLD 4216
Market Insight:
Runaway Bay presents as a mature, affluent coastal suburb with a stable, professional demographic. Demand is anchored by established owner-occupiers, contributing to a premium housing market where properties transact above asking price. While house price growth has been measured, the unit segment exhibits notably stronger momentum. Future performance is underpinned by its sought-after Gold Coast location, though the market’s maturity suggests growth may be incremental rather than rapid.