Runaway Bay at a glance
9,774
People
$1,660,000
Median sale
$792/wk
Median rent
2.48%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
QLD › Runaway Bay › Ashgrove Ave
$1,163,000
Last sold
30 Sept 2025
5
Bedrooms
2
Bathrooms
6
Car spaces
630 m²
Land
232 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,163,000
30 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Runaway Bay (last 5 years) with land size have a median of $2,761/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Runaway Bay at a glance
9,774
People
$1,660,000
Median sale
$792/wk
Median rent
2.48%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Runaway Bay
-29.9%
Median sale
Suburb $1,660,000
+1.06 pp
Gross yield
Suburb 2.48%
Suburb median $1,660,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
$1,660,000
Median sale
$792/wk
Median rent
2.48%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White AllianceTHE COREY AND STEPHANIE BANKS TEAM & RAY WHITE ALLIANCE ARE EXCITED TO PRESENT 29 ASHGROVE AVENUE RUNAWAY BAY TO MARKET.
INSPECTIONS AVAILABLE, CONTACT US TODAY TO REGISTER FOR THE OPEN HOME - ATTEND IN PERSON OR VIRTUALLY VIA OUR ONLINEINSPECTIONS!
This well-maintained double-storey residence presents a rare opportunity in one of Runaway Bay's most sought-after pockets. Offering dual living potential, five bedrooms, two bathrooms, and multiple indoor and outdoor entertaining spaces, the home is perfectly suited to large families, investors, or those seeking a flexible multi-generational lifestyle.
Set on a generous block, this property also offers the exciting option to detonate and unlock maximum potential, making it an unmissable opportunity for developers or those ready to create their dream home in a blue-chip location.
Upstairs, light-filled interiors flow to a generous outdoor entertaining area, creating the ideal space for year-round gatherings. A modern kitchen complete with oven, electric cooktop, and dishwasher is complemented by a family bathroom and two bedrooms plus a study, including one with split system air-conditioning.
Downstairs offers complete self-contained living, featuring its own kitchen with oven, cooktop, and dishwasher, a spacious living zone with ample storage, bathroom with shower and vanity, separate toilet, and three additional bedrooms with built-in robes. This level also opens to a second covered entertainment area overlooking the expansive backyard.
Positioned on a huge 637m² flat block with plenty of parking, two garden sheds, and secure surrounds, the home combines privacy and practicality with endless potential for both living and investment.
Nestled in a quiet street and surrounded by leafy parks and waterways, the property is just a short stroll to Biggera Waters State School, the Broadwater, Runaway Bay Shopping Centre, local cafes and restaurants (including Cav's Steakhouse), with public transport and major amenities close at hand.
FEATURES INCLUDE:
- 5 spacious bedrooms, all with built-in robes
- 2 bathrooms across two levels
- Dual kitchens, perfect for dual living arrangements
- Light-filled open-plan living upstairs with study/home office
- Two covered outdoor entertaining areas
- Fully fenced yard with established gardens
- Ample parking plus two garden sheds
Location Highlights:
- Walk to Runaway Bay Shopping Village and Biggera Waters State Primary School
- Minutes from Harbour Town Shopping Centre
- Close to elite schools including St Francis Xavier and A.B. Paterson College
- Easy access to the M1 Motorway
- Surrounded by parks, waterfront paths, and lifestyle amenities
- Stroll to the Broadwater, local cafes, and restaurants including Cav's Steakhouse
Whether you're looking to create your forever family home, secure a high-yield investment, or unlock the benefits of dual-living, this property is a standout opportunity in a tightly held location.
Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.
Listing description written by Corey and Stephanie Banks, Ray White Alliance — reproduced as published, not verified by Districts.