Molendinar at a glance
6,707
People
$1,275,000
Median sale
$789/wk
Median rent
3.22%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
QLD › Molendinar › Rimu Pl
$1,120,000
Last sold
5 Sept 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
517 m²
Land
256 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
$1,120,000
5 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Molendinar (last 5 years) with land size have a median of $1,486/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Molendinar at a glance
6,707
People
$1,275,000
Median sale
$789/wk
Median rent
3.22%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Molendinar
-12.2%
Median sale
Suburb $1,275,000
+0.44 pp
Gross yield
Suburb 3.22%
Suburb median $1,275,000 from 36 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 $789/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
Molendinar at a glance
6,707
People
$1,275,000
Median sale
$789/wk
Median rent
3.22%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smart Real EstateTo watch a Video of this property, please click on link below**:
https://youtu.be/VWB0kFXU2hY
To take an Online 3D Tour of this property, please click on the link below**:
https://my.matterport.com/show/?m=Hwxc9RjVQ8F
** If the hyper link above does not work in the web browser you are using, please simply copy and paste the links above into a new internet page or tab that you are using.
The Brad Scott team is proud to Welcome you to 11 Rimu Place, Molendinar, Queensland, Gold Coast, Australia!
Are you in search of a dream home that ticks all the boxes? Look no further than this stunning double-storey haven located in the prestigious Rimu Place. Step into a world of luxury and comfort with this exceptional 4-bedroom residence, complete with a study that can easily be converted into a 5th bedroom.
Let us introduce you to the captivating features of this remarkable property:
Spacious Design: Boasting generous proportions throughout, this double-storey home offers ample space for your growing family. With its high ceilings and thoughtful design, you'll enjoy an abundance of natural light and a sense of openness that sets this home apart.
Multiple Living Areas: Relax and unwind in the two well-appointed living areas, offering versatility and space for entertainment, family time, or simply enjoying your own peaceful retreat.
Spacious Bathrooms: Experience indulgence in the two stylishly designed bathrooms, providing functionality and a touch of elegance to enhance your daily routine.
Double Lock-Up Garage: Say goodbye to parking woes with the convenience of a double lock-up garage, ensuring the safety of your vehicles and providing additional storage space for your belongings.
Prime Location: Situated in the sought-after suburb of "Crestwood" in Molendinar, you'll enjoy the best of both worlds - a tranquil neighborhood setting within close proximity to all amenities. Take advantage of nearby schools, shopping centers, restaurants, and the stunning Gold Coast beaches, just a short drive away.
Property features include:
- 4 bedrooms
- Study (possible 5th Bedroom - no wardrobe)
- 2 bathrooms (master bedroom is ensuited)
- Walk in robe in master bedroom
- Large outdoor covered patio for entertaining in the rear yard
- Large multiple open plan living areas
PROPERTY INFORMATION
Gold Coast City Council Rates: $1,958* p.a. approx
Gold Coast City Water Rates: $1,557* p.a. approx
Current Rental Appraisal: $850* to $950* per week
Body Corp: N/A
Built: 2005*
* denotes approximations and/or measurements
A rare opportunity to purchase in an ultra-convenient location.
Make this house your forever home and create years of treasured memories. Don't miss the opportunity to secure this remarkable property in one of Gold Coast's most enviable locations.
For further information please contact your Molendinar area experts Brad Scott or Wayne Haase.
* Please be aware some photos have been digitally altered to remove/add some virtual furniture for marketing purposes.
We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.
COVID-19 Update
- Please do not attend any inspections if have returned from overseas in the past 14 days, are unwell, elderly, or have a compromised immune system.
- Please practice social distancing at all inspections to help minimize the spread of COVID-19.
- If you are unable to physically attend an inspection please click on the 3D Tour for this property for a virtual Online tour of this property.
Listing description written by Brad Scott, Smart Real Estate — reproduced as published, not verified by Districts.