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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
Runaway Bay has 162 houses available for sale. The median property price for a house is currently 1,390,000 with annual capital growth of 0.00 . There were 128 house sales in the past 12 months. On average, houses spend 33 days on market.
If you're thinking about buying an investment property in Runaway Bay, consider that rental yields for houses are currently 3.59 with an average median rent of 1,000 weekly. Houses have seen 3.35 growth in the past quarter, and 0.00 growth in the past 12 months.
The size of Runaway Bay is approximately 5.3 square kilometres. It has 12 parks covering nearly 26.4% of total area. The population of Runaway Bay in 2011 was 8,912 people. By 2016 the population was 9,066 showing a population growth of 1.7% in the area during that time. The predominant age group in Runaway Bay is 60-69 years.
Households in Runaway Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runaway Bay work in a professional occupation. In 2011, 65.2% of the homes in Runaway Bay were owner-occupied compared with 66.5% in 2016.
Runaway Bay has 137 units available for sale. The median property price for a unit is currently 815,000 with annual capital growth of 20.74 . There were 133 unit sales in the past 12 months. On average, units spend 22 days on market.
If you're thinking about buying an investment property in Runaway Bay, consider that rental yields for units are currently 4.48 with an average median rent of 700 weekly. Units have seen 2.52 growth in the past quarter, and 20.74 growth in the past 12 months.
The size of Runaway Bay is approximately 5.3 square kilometres. It has 12 parks covering nearly 26.4% of total area. The population of Runaway Bay in 2011 was 8,912 people. By 2016 the population was 9,066 showing a population growth of 1.7% in the area during that time. The predominant age group in Runaway Bay is 60-69 years.
Households in Runaway Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runaway Bay work in a professional occupation. In 2011, 65.2% of the homes in Runaway Bay were owner-occupied compared with 66.5% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,390,000 | 815,000 |
| Quarterly growth | +3.35 | +2.52 |
| 12-month growth | 0.00 | +20.74 |
| Average annual growth | +10.01 | +10.58 |
| Weekly median rent | 1,000 | 700 |
| Gross rental yield | 3.59 | 4.48 |
| Number of Sales (12m) | 128 | 133 |
| Avg. Days on Market (12m) | 33 | 22 |
| Key Demographics | 2011 | 2016 |
| Total population | 8,912 | 9,066 |
| Population change (5y) | +5.47 | +1.70 |
| Median household income (p/w) | 1,062 | 1,283 |
| Household income change (5y) | -0.56 | +20.81 |
| Median age of persons | 50 | 52 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Runaway Bay was 9,066 in 2016, a +1.70 change compared to 2011.
The predominant age group in Runaway Bay is 60-69 years.
The population of Runaway Bay was 9,066 in 2016, a +1.70 change compared to 2011.
The predominant age group in Runaway Bay is 60-69 years.
Most of the population in Runaway Bay were born in Australia.
Most of the population in Runaway Bay were born in Australia.
Most of the population in Runaway Bay report their religion as No Religion.
Most of the population in Runaway Bay report their religion as Anglican.
Most of the population in Runaway Bay report their income range as between 78,000 and 130,000 .
The median household income in Runaway Bay was 1,283 in 2016, a +20.81 change compared to 2011.
Most of the population in Runaway Bay report their income range as between 31,000 and 52,000 .
The median household income in Runaway Bay was 1,062 in 2011, a -0.56 change compared to 2006.
Most of the population in Runaway Bay work as Professional.
Most of the population in Runaway Bay work as Professional.
The chart below demonstrates the various levels of education in Runaway Bay.
The chart below demonstrates the various levels of education in Runaway Bay.
Most of the population in Runaway Bay reached a qualification level of Certificate.
Most of the population in Runaway Bay reached a qualification level of Certificate.
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