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
$1,001,000
Last sold
27 Apr 2021
5
Bedrooms
3
Bathrooms
2
Car spaces
756 m²
Land
Districts View
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
$1,001,000
27 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Molendinar (last 5 years) with land size have a median of $1,497/m² of land (n=117). 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
-21.5%
Median sale
Suburb $1,275,000
+0.88 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 scheme
City Plan
Zone
Low density residential
Low density residential
Jurisdiction
City of Gold Coast
Gold Coast, QLD
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
QLDZoned Low density residential (City Plan). Official parcel area about 759 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential (City Plan). Official parcel area about 759 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 759 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 LJ Hooker NerangLook no further with this beautifully presented solid low-set family home.
Tucked away on an elevated flat block at the end of a quiet cul-de-sac in sought after 'Crestwood Estate' you'll find this fabulous home that has everything you need to keep family & friends entertained.
Be prepared to be 'wowed' with high end finishes & endless living areas the minute you walk through the door.
Choose to spend time outdoors in either the 2 entertaining areas, the fully powered shed, pool pavillion/BBQ area and sparkling pool or indoors in the games/rumpus or watch a movie in the home theatre room.
There's plenty of room for the cook of the house with generous kitchen and butlers pantry.
Home Key Features include:
* 4-6 bedrooms (3 with Built-in robes + walk-in robe & ensuite in Master)- Bed 5 & 6 currently used as Media room & Office.
* Generous open plan living/dining/kitchen.
* Walk-in butlers pantry.
* 3 bathrooms (including a super sized laundry with toilet/shower).
* Ample storage.
* Separate rumpus/games room off the living area opening up onto entertaining area.
* Entertainment area includes a roofed patio.
* Large sparkling pool.
* Enclosed BBQ Pavilion beside the pool.
* 1500L Water Tank.
* Colorbond roof with insulated ceilings.
* 6kw Solar Panels.
* Ducted Air Conditioning throughout- can control rooms individually.
* Security Alarm System.
* Large Shed - perfect for the man cave, crafter or sport enthusiast.
* Internal access to the double garage.
* Space for the caravan or boat out the front and long driveway provides extra parking.
Crestwood is a sought after estate within Molendinar, Gold Coast.
Close to Griffith University, the Gold Coast Hospital, shops, schools, restaurants & public transport makes it a very desirable central location.
Disclaimer:
Everyone who visits our Open Homes will need to check-in.
Along with the Check In QLD app, our agents will check you in to our database as per our office policy.
Listing description written by Debbie Taylor, LJ Hooker Nerang — reproduced as published, not verified by Districts.