Runaway Bay is a suburb on the Gold Coast in Queensland, Australia. The locality of Anglers Paradise is situated within Runaway Bay. In 1967, the Lae Enterprises company bought 182 hectares of land along the western shore of the Gold Coast Broadwater. Development started in 1972 to transform the subdivision into a residential and boating area. The name "Runaway Bay" was coined to promote the area as a tranquil retreat.

Runaway Bay Shopping Village is the main shopping centre in the suburb. Harbour Town Shopping Centre is located nearby in Biggera Waters. Runaway Bay also contains a public library branch, next to the community centre. Natural amenities include Pine Ridge Conservation Park and various parklands along the western shore of the Broadwater. The Runaway Bay Marina, along with the resident Yacht Squadron, is located just north of the suburb, in Hollywell. Like in many other Gold Coast suburbs, many homes in Runaway Bay are situated along artificial canals.