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 › Redgum Pl
$1,849,000
For sale
Asking
$1,310,000
Last sold
16 June 2025
5
Bedrooms
4
Bathrooms
4
Car spaces
640 m²
Land
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
Asking
$1,849,000
Asking · $2,889/m² of land
Last recorded sale $1,310,000 (16 June 2025).
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
+45.0%
Median sale
Suburb $1,275,000
-1.00 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.
$98,567 on top of the price (5.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Molendinar's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Eview GroupWelcome to 12 Redgum Place, Molendinar - a stunning, fully transformed family residence where luxury, space and functionality come together. Positioned on a fully fenced 640m² block in a quiet cul-de-sac, this impressive two-storey home has been completely renovated from top to bottom, offering an exceptional lifestyle for growing families or those who simply appreciate quality.
Boasting an expansive floorplan with five generous bedrooms and four beautifully appointed bathrooms, this home provides incredible flexibility for large families, multi-generational living or guests. Soaring 2.7-metre ceilings throughout enhance the feeling of space, while ducted air conditioning ensures year-round comfort in every room.
The true centrepiece of the home is the exceptional master retreat. Designed as your own private sanctuary, this oversized bedroom offers an abundance of space rarely found in modern homes and is complemented by a generous walk-in robe and a luxurious ensuite. Finished to an impeccable standard, the ensuite features a stunning freestanding bath, separate walk-in shower, premium vanity and quality fixtures, creating a resort-style escape where you can unwind at the end of the day.
At the heart of the home is an expansive open-plan living, dining and kitchen area that seamlessly connects to the outdoor entertaining space. Large windows and doors capture uninterrupted views across the brand-new swimming pool, creating the perfect setting for entertaining family and friends or simply relaxing while overlooking your own private oasis.
The outdoor area has been thoughtfully designed for year-round enjoyment, with the brand-new swimming pool featuring pool heating so you can comfortably swim through the cooler months, as well as multi-colour LED lighting that transforms the space after sunset. Whether you're enjoying a peaceful evening dip or hosting family and friends, the illuminated pool creates a striking focal point and a true resort-style ambience. Complementing the pool is a spacious concrete entertaining area and an easy-care backyard, allowing you to spend more time enjoying your home and less time maintaining it.
The fully fenced yard offers privacy and security, while side access provides valuable space to store a boat, caravan, jet ski or additional vehicles.
Practicality has been thoughtfully incorporated with a double remote-control garage, electric front gate, and solar panel system, delivering both convenience and long-term energy savings.
Property Features:
- Completely renovated throughout with premium finishes
- Spacious two-level family home
- Five generous bedrooms
- Four designer bathrooms
- Oversized master suite with walk-in robe and luxury ensuite
- Ensuite featuring a freestanding bath and separate walk-in shower
- Brand-new heated swimming pool with colour-changing LED lighting
- Expansive open-plan living and dining overlooking the pool
- Ducted air conditioning throughout
- High 2.7m ceilings throughout
- Double remote-control garage
- Remote-controlled front gate
- Solar panel system
- Large outdoor entertaining area
- Low-maintenance backyard
- Side access for boat, caravan or jet ski storage
- Fully fenced 640m² block
- Prime Molendinar Location
Perfectly positioned in one of the Gold Coast's most convenient locations, this home places everything your family needs within easy reach.
Minutes to Griffith University Gold Coast campus
Close to Gold Coast University Hospital and Gold Coast Private Hospital
Short drive to Harbour Town Premium Outlets
Convenient access to Westfield Helensvale and Australia Fair Shopping Centre
Close to a selection of highly regarded public and private schools
Minutes to the G light rail station for easy transport across the Gold Coast
Easy access to the M1 Motorway for effortless commuting to Brisbane or the southern Gold Coast
Approximately 15 minutes to Surfers Paradise and the Gold Coast's iconic beaches
This is a rare opportunity to secure a beautifully renovated, move-in-ready family home that delivers the perfect combination of luxury, space and location. With its spectacular master retreat, stunning new pool, high-end finishes and unbeatable central Gold Coast position, 12 Redgum Place offers an exceptional lifestyle that is ready to be enjoyed from day one.
Listing description written by Henry Vinkmann, Eview Group — reproduced as published, not verified by Districts.