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 › Blaxland Ave
$1,004,000
Last sold
30 July 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
812 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
Last sold
$1,004,000
30 July 2025 · derived via latest_sale
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
-21.3%
Median sale
Suburb $1,275,000
+0.87 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 PRD SouthportUnlock the full potential of this DA-approved (OTH/2024/45) corner development site, offering 812m² of prime land across 2 street frontages (Blaxland Ave & Wentworth Ave, Molendinar). Already approved for a 2-lot boundary realignment, this opportunity is ideal for developers, investors, or community housing operators looking to secure a premium site with upside.
With 2 x 406m² lots proposed, the site is suitable for:
• A Luxury Triplex, Duplex, or 2 freestanding villas (STCA)
• A Community Residence (NDIS-eligible) scheme - with conceptual plans showing potential for up to 9 apartments and a gross yield of up to $900,000 per annum once fully occupied
Key Features:
• 812m² corner block (DA approved for realignment to 2 x 406m²)
• High-density potential under Community Residence provisions
• Conceptual plans for up to 9 NDIS apartments
• Income-generating: currently tenanted at $750/week
• Build premium villas or triplex development (STCA)
• Prime dual street access and elevated positioning
• Buyer to finalise subdivision - DA conditions already approved
Spread Your Investment Over Time
One of the standout advantages of this site is the ability to stage your investment, offering significant cash flow flexibility. You can secure the primary 723m² site now and purchase the remaining 89m² (currently part of the adjoining lot as per DA-approved realignment) in 12 months or when the land title is ready.
This staggered structure allows you to:
• Avoid paying full price upfront
• Generate income ($750/week) during the process
• Progress design, approvals, or pre-sales while finalising the subdivision
Subdivision Completion Process
To complete the approved boundary realignment and access the full 812m² site, the following steps are required (all DA conditions already approved under OTH/2024/45):
1. Complete required civil works:
• Install water and sewer connections to each lot
• Construct stormwater drainage elements (swale and tank)
• Lodge and register sewer easement
2. Submit plan sealing application with City of Gold Coast Council - (Council has 20 business days to assess)
3. Obtain subdivision approval upon satisfying DA conditions
4. Register sealed survey plan with the Department of Resources (Qld Titles Office), officially creating the new 406m² lots
5. Pay Council infrastructure charge - (Only payable after lots are created, giving you time to plan or pre-sell)
* All documentation, stamped plans, and DA conditions are available on request.
** All imagery and schematics are indicative only. Buyers should make their own enquiries and engage a planner or certifier to suit their needs.
Disclaimer: We have used our best endeavors in preparing this information to ensure that the information contained herein is true and accurate, but we 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 and suitability of the property for their needs that is contained herein. Photos may have been digitally enhanced for improved appearance and buyer experience.
Listing description written by Gerald Adam, PRD Southport — reproduced as published, not verified by Districts.