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 › Banbrook Ct
$1,435,000
Last sold
3 Jan 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
650 m²
Land
409 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
$1,435,000
3 Jan 2024 · 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
+12.5%
Median sale
Suburb $1,275,000
-0.36 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 Property CentreDon't miss the opportunity to secure this exceptional family home, strategically positioned in a quiet cul-de-sac with just one neighbouring property. Located within walking distance to Griffith University, Hospitals, G-Link light rail station, Crestwood Plaza Shopping Village, and in close proximity to private and public schools, major shopping centers, and effortless access to the M1.
Impressive features include -
* New chairlift for convenient access to the upper level.
* Grand double door entry with high ceilings.
* 378m2 internally plus 31m2 enterally of covered area *
* Expansive formal living area with captivating pool views.
* Pool-view formal dining area for elegant entertaining.
* Recently upgraded kitchen with sleek stone bench tops, top-tier Bosch appliances, an Oliveri granite sink, and integrated dishwasher.
* Meals area for casual dining convenience.
* Open plan family room seamlessly connecting to the outdoor entertainment area.
* Spacious games room featuring a pool table.
* Fully tiled covered outdoor entertainment space equipped with quality blinds, a ceiling fan, and ambient outdoor lighting.
* Downstairs 5th bedroom or home office, thoughtfully designed without a built-in robe.
* Large upstairs media room, perfect for the kids.
* Reverse cycle, fully zoned smart ducted air conditioning with three-phase electricity.
* Flexible layout with the option of 5 bedrooms or 4 bedrooms and a generous office.
* Luxurious grand master suite with ensuite, parents' retreat, and an expansive walk-in robe.
* Two family-sized bathrooms, along with a convenient downstairs powder room and a third toilet.
* Separate laundry for added convenience.
* Stylish white blinds, ceiling fans, ample storage, and Crimsafe security screens enhancing security on the lower level.
* Double lock-up garage with additional space for extra cars, a caravan and a seperate trailer/jet ski bay.
* Near-new mineral pool and spa with a heat pump and deck jets, all intelligently wired for remote control via your phone or smart device - surrounded by the natural beauty of travertine stone.
* Two pool covers - one for summer and a remote-control solar winter cover, ensuring year-round enjoyment.
* Low-maintenance 650m2 parcel of land, encircled by core-filled concrete block walls for enhanced security and privacy.
* Environmentally conscious 13.9 kW Solar Panel system with a top-of-the-range Three-phase 8.2 kW Fronius inverter, offering maximum feed-in tariffs and abundant clean energy for your home.
* 5.2-meter-long garden shed, vegetable garden beds, and gutter guard for added convenience.
* Recognize the high rental potential, making this property an attractive investment.
With significant infrastructure developments on the Gold Coast and escalating rental demands, this could be the opportune moment to invest in this highly sought-after location.
Disclaimer: We have in preparing this information used our best endeavours 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 enquiries to verify the information contained herein. * denotes approximate measurements.
Listing description written by Danny Woolbank, RE/MAX Property Centre — reproduced as published, not verified by Districts.