18 Huon Cres, Runaway Bay QLD 4216
18 Huon Cres, Runaway Bay QLD 4216
4/3/4 detached house | 716m² established land | Family-focused suburb | Broadwater lifestyle proximity | Solid owner-occupier demand
This property is positioned competitively as a large detached house on a 716m² block, a configuration that is well matched to family-oriented buyers in Runaway Bay. Four-car accommodation and three bathrooms are provided, giving practical depth for households with multiple vehicles or extended family needs. The house is situated within an established residential street, appealing to owner-occupiers who value access to the Broadwater, local shopping, schools, and transport without the premium attached to waterfront parcels. A broad buyer pool is served, particularly families seeking a solid base in a desirable suburb, and the generous land size offers flexibility for future adjustments.
Value might be influenced by the interior condition and presentation, with dated finishes possibly limiting appeal relative to renovated stock. Extensions or a new layout are permitted by the land size, subject to council controls, which could add upside. Flood overlay considerations may affect parts of the suburb, and the absence of water frontage might narrow the buyer pool compared with canal properties. These factors are to be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Huon Cres, Runaway Bay QLD 4216
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Runaway Bay, on the Gold Coast, has strong road connectivity to Southport and Surfers Paradise. Demand is driven chiefly by an older population, with dominant age cohorts of 60 to 79, and by professionals with certificate-level qualifications, a profile pointing to downsizers and semi-retired buyers. House price data diverge: median reports range $1.6M to $1.8M, with annual growth at 1.4% in one series and 26.3% in another. Units show a $990,000 median with 13.1% growth. Houses transact 6% above original asking, and a Boomscore of 60/100 signals a healthy market. Weekly rents are $1,200 for houses and $750 for units; the unit gross yield is 4.0%. Annual house sales number around 125 to 133. Future growth is underpinned by strong unit demand and above-asking prices, while the conflicting house-growth data and high entry point pose a constraint.
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PropCred Estimated Value
Comparable Sales: 1/6 Runaway Bay Avenue sold at $2,460,000 | Property Price Band: $1.0M-$1.1M | Value Drivers: condition, land size, layout
Bedrooms
4
Bathroom
3
Parking
4
Land
716m²
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