Runaway Bay at a glance
9,774
People
$1,700,000
Median sale
$792/wk
Median rent
2.42%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
QLD › Runaway Bay › Folkstone Pl
$1,981,000
Last sold
15 Oct 2021
6
Bedrooms
3
Bathrooms
3
Car spaces
688 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,981,000
15 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Runaway Bay (last 5 years) with land size have a median of $2,741/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Runaway Bay at a glance
9,774
People
$1,700,000
Median sale
$792/wk
Median rent
2.42%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Vs Runaway Bay
+16.5%
Median sale
Suburb $1,700,000
-0.34 pp
Gross yield
Suburb 2.42%
Suburb median $1,700,000 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
City Plan
Zone
Low density residential
Low density residential
Jurisdiction
City of Gold Coast
Gold Coast, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Low density residential (City Plan). Official parcel area about 690 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $792/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential (City Plan). Official parcel area about 690 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 690 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Runaway Bay at a glance
9,774
People
$1,700,000
Median sale
$792/wk
Median rent
2.42%
Suburb gross yield
Median sale from 50 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker NerangSecure this premier waterfront property, situated in Runaway Bay with views overlooking the prestigious river canal. This home has everything a family needs to enjoy ultimate luxury living on the Gold Coast. With seamless indoor-outdoor living, this home has been beautifully choreographed for ease of living & entertaining in mind.
A grand secure front entry welcomes you to a landscaped front garden & driveway leading to a triple garage with room for cars & toys. The front entranceway brings you to the media room, further to the gourmet kitchen with a wet bar, perfect for those thirsty guests.
Dining and living areas flow from the kitchen looking out onto the vast skyline views & riverfront. Anchor your boat alongside your own jetty, ready for those sunny days out.
No expense has been spared with state of the art surround sound in the indoor & alfresco areas, ducted air-conditioning throughout & dimmer control lighting to create the ultimate ambience..
The 6th bedroom or office resides on the lower level while the remaining luxurious bedrooms are upstairs.
This luxury home features:
* Over 25m beachfrontage with 10m pontoon (power, winch & water).
* Huge sparkling salt water pool with grass/play area & timber decking.
* Built-in BBQ & extra alfresco living zone with tiled floors, built in remote heating system & surround sound.
* Feature timber TV wall with designer lighting adjoin the sliding door/outdoor living.
* Contemporary family dining/living space overlooking the stunning waterfront.
* The ultimate chefs kitchen with stone benchtops, ample storage and wet bar for entertaining large families & guests.
* Raked ceilings, block out blinds & plush carpet adorn the media room.
* Downstairs bathroom with floor to ceiling tiles & stone benchtops.
* A grand front entrance welcomes you to 17ft ceilings with stunning chandelier.
* Elegant glass panels surround the timber stairway.
* Ducted controlled air conditioning throughout.
* Additional modern ceiling fans
* Large laundry with outside access to hanging space, side access & additional door access to the garage.
* Security alarm system.
* 24 solar panels.
* Triple car garage and drive-way space for an extra 3-4 cars.
* Fully landscaped & fenced for privacy on a 688m2 block.
Upper Level:
* King size master bedroom with impressive views, walk-in wardrobe and spacious ensuite with huge shower & stone benchtops.
* Five additional large bedrooms with built-in robes, most with stunning water views.
* Central main bathroom with double vanity, seperate toilet & bathrooms.
* Further storage robes & cupboards are plenty.
* Open landing area upstairs, enough for an additional relaxing/play space.
* Beautiful views from all rooms.
With just a 3 minute drive to the nearest waterfront restaurants, cafes & 4 minutes to Harbourtown makes it a prime location for families.
Disclaimer:
Everyone who visits our Open Homes will need to check-in.
Along with the Check In QLD app, our agents will check you in to our database as per our office policy.
Listing description written by Melody Hu, LJ Hooker Nerang — reproduced as published, not verified by Districts.