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 › Mitchell Ave
$1,320,000
Last sold
27 Mar 2026
4
Bedrooms
2
Bathrooms
3
Car spaces
729 m²
Land
205 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
$1,320,000
27 Mar 2026 · 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
+3.5%
Median sale
Suburb $1,275,000
-0.11 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
UnknownArea
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 McGrath SouthportPositioned in a quiet street on a generous 729m² block, this north-facing split-level home sits at one of the highest points along Mitchell Avenue, capturing breezes and a naturally elevated outlook. Offering the perfect blend of flexibility, comfort and outdoor entertaining, it's an ideal choice for growing families.
Property Features:
- Four bedrooms including flexible rumpus / 4th bedroom option with potential for dual living
- Two bathrooms with floor-to-ceiling tiles plus additional powder room
- Master bedroom with walk-in robe and ensuite
- Multiple living areas
- Spacious open plan living and dining areas
- Large kitchen with wall oven, electric cooktop and dishwasher
- Huge covered alfresco entertaining deck
- In-ground saltwater swimming pool with glass safety fence
- Five split system air-conditioning units throughout the home
- 6.6kW solar panels to help reduce electricity costs
- Secure gated entry with parking under shade sails for three cars plus space for a small boat or trailer
- Large under-house storage area
- Fully fenced block with lush tropical landscaped gardens
- Desirable elevated position along Mitchell Avenue in a quiet street setting
Step inside to discover light-filled open plan living and dining areas that flow seamlessly through to the kitchen and outdoor entertaining space. The well-appointed kitchen overlooks the backyard and pool area, making it easy to entertain while keeping an eye on the kids.
Upstairs features three comfortable bedrooms, including the spacious master suite complete with walk-in robe and private ensuite. Downstairs, a large multi-purpose rumpus room with its own powder room provides excellent flexibility and could easily serve as a fourth bedroom, teenage retreat, home office or space for extended family. With the split-level design and separation between living zones, the layout also offers potential for dual living for families seeking additional independence for older children, guests or extended family members.
Outdoors is where this home truly shines. The expansive covered deck overlooks the sparkling in-ground saltwater pool, creating the perfect setting for weekend barbecues, family gatherings or relaxing summer afternoons. The backyard is fully fenced and private, surrounded by established tropical landscaping.
Conveniently located just minutes from Gold Coast University Hospital, Griffith University, local schools, shopping centres, the G-Link light rail and easy M1 access, this is a fantastic opportunity to secure a spacious family home in a well-connected Molendinar location.
Move straight in and enjoy the space, flexibility and lifestyle this family home delivers.
Council Rates – Approx. $1,521.72 per 6 months
Water Rates – Approx. $298.62 per quarter
Rental Appraisal – $1100 to $1200 per week
Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
Listing description written by Adam McCubbin, McGrath Southport — reproduced as published, not verified by Districts.
Nearby 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.