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 › Silkwood Way
$1,175,000
Last sold
5 Dec 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
628 m²
Land
230 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
$1,175,000
5 Dec 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
-7.8%
Median sale
Suburb $1,275,000
+0.27 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 RE/MAX UnitedStep into the lap of luxury with this meticulously renovated contemporary brick residence, a haven that effortlessly embodies the quintessential Gold Coast lifestyle. Revel in the seamless fusion of modern design and practical living, where multiple living spaces converge with an entertainer's dream kitchen that opens to an expansive outdoor patio, a pristine pool which is solar heated for year-round use, and an effortlessly manicured, low-maintenance yard.
As you step indoors, a world of elegance and functionality unfolds. The interior boasts multiple living areas, including a dedicated living room with an inbuilt bar, creating an inviting space for social gatherings and refined relaxation.
An additional combined living and dining area, seamlessly connected to the kitchen, opens up to a covered alfresco space, creating an effortless fusion between indoor and outdoor living. This inviting setup encourages a harmonious atmosphere suitable for both casual family dinners and sophisticated entertaining.
The large modern kitchen is well-equipped with modern appliances, a convenient walk-in pantry, and a breakfast bar, making it a central space for both everyday meals and occasional entertaining. Its design is not only practical for daily use but also lends itself to hosting gatherings. Featuring high-end fittings and an open layout, the kitchen is versatile, accommodating both casual family moments and more formal events. Every element, including the sleek countertops and integrated appliances, adds to an overall atmosphere of sophistication and practicality.
The master suite is a spacious and elegant retreat. It features a walk-in robe and an ensuite with modern touches, including floor-to-ceiling tiling, high-end fittings, stone benchtops, and dual basins. This private space offers a blend of comfort and style for relaxation.
The remaining bedrooms are generously sized, and are serviced by a family bathroom that exemplifies indulgence, featuring high-end fittings, floor-to-ceiling tiling, and a luxurious free-standing bath.
Property features at a glance:
• Meticulously maintained contemporary brick residence
• Highly sought after Crestwood Heights location
• Spacious and modern kitchen with breakfast bar and walk-in pantry
• Four generously sized bedrooms
• Modern & luxurious bathrooms
• Multiple living areas interconnected with a large undercover outdoor area, perfect for entertaining
• Expansive outdoor patio
• Sparkling pool solar heated for year-round use
• Fully fenced with electric gate entry for ultimate privacy
• Ducted air conditioning throughout
• Solar panels
• 7-camera security system
• Low-maintenance yard
• Close proximity to Ashmore City Shopping Centre, esteemed local schools including Aquinas College
• A short drive to M1 motorway for easy access north or south
• Approx 15 minutes drive to Surfers Paradise
• Rental appraisal $1,100 - $1,150 per week
Situated in highly sought-after Crestwood Heights, this residence not only offers opulent living but also provides convenient access to the vibrant attractions of the Gold Coast. Just a short 15-minute drive from the iconic Surfers Paradise and Main Beach, residents can immerse themselves in the region's famous entertainment and pristine coastline. Proximity to Griffith University, Gold Coast University Hospital, G-Link light rail station, local shops, schools, major shopping centres, and easy access to the M1 motorway further enhances the convenience of this location. Living here means enjoying the best of both worlds - a tranquil haven of luxury within reach of the dynamic energy that defines the Gold Coast lifestyle. Welcome to a residence where every detail reflects the essence of sophisticated living in this renowned Australian coastal paradise.
For all of your home loan needs, please contact our friendly broker, Conrad Palmer on 0410 296 050.
Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White Coomera 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 Simon Finlayson, RE/MAX United — reproduced as published, not verified by Districts.