11 Howard Street, Runaway Bay QLD 4216
11 Howard Street, Runaway Bay QLD 4216
4-bed configuration | 675sqm land | auction 13 June | 60+ demographic dominance
This property presents a rare configuration advantage in a market where 4-bedroom houses command a 44% auction clearance rate and average 50 days on market. The 675sqm land holding, with internal area of 505sqm, positions it above typical duplex-style offerings on the street, as evidenced by the 10A Howard Street sale at 304sqm. The older demographic skew (70% aged 60+) and high owner-occupier rate (74%) suggest stable neighbourhood demand, making this house suitable for families seeking long-term residency or downsizers wanting space without moving to a retirement precinct. The proximity to St Francis Xavier School (0.6km) adds family appeal, while the 3-car parking and flexible bedroom count (listed as 3 in some records but marketed as 4) provide optionality for buyers who may convert a room to a home office or guest suite.
The primary risk lies in the discrepancy between historical records showing 3 bedrooms and the current 4-bedroom marketing, which may affect valuation consistency or financing if a lender relies on older data. The last sale in 2002 with no price available creates an opaque cost base, though the estimated value of $4,832,000 provides a benchmark. The 26% renter proportion for 4-bedroom houses locally indicates some investor competition, but the auction format on 13 June 2026 demands decisive pre-purchase due diligence, particularly on the land size variance (675sqm vs 658sqm in one source). For buyers seeking a turnkey family home in a stable, older-suburb context, the configuration edge and land size justify close attention, provided the bedroom count is verified through council records or a building inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Howard Street, Runaway Bay QLD 4216
Runaway Bay QLD 4216
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.