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 › Sturt St
$886,000
Last sold
29 Apr 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
718 m²
Land
224 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
$886,000
29 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Molendinar (last 5 years) with land size have a median of $1,509/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
-30.5%
Median sale
Suburb $1,275,000
+1.41 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 COASTAL °Charming Colonial Home
Welcome to 2 Sturt Street, located in the highly sought-after suburb of Molendinar. This exceptional 4-bedroom, 2-bathroom residence presents an opportunity for discerning buyers seeking a blend of modern luxury and timeless charm.
Boasting a captivating colonial-style design, this home exudes character and sophistication. The exterior features colonial-style window designs, complemented by exposed brick and extensively used cedar timber walls, creating a rare and distinctive aesthetic.
Upon entry, you are greeted by a spacious dining room that flows seamlessly throughout the home. The beautifully designed kitchen is a focal point, showcasing modern amenities such as stone bench tops and a dishwasher, making it a chef's delight.
The large open-plan living area is ideal for entertaining, complete with air-conditioning and ceiling fan. A separate dining area offers additional space for formal gatherings or casual meals with family and friends.
The master bedroom is a retreat in itself, featuring air conditioning, a ceiling fan, a walk-in robe, and a renovated and modern en-suite. Three additional bedrooms, all with built-in robes and ceiling fans, provide ample accommodation for the entire family.
The property also features a modern and renovated family bathroom with a bath and separate shower, along with a separate toilet for added convenience. A separate laundry with external access adds practicality to the home.
Outside, a huge veranda wraps around half of the house, providing the perfect spot to relax and enjoy the tranquil surroundings. The spacious garden offers plenty of room for kids and pets to play, while a carport doubles as an entertaining area.
Additional features of this property include:
• Solar hot water system
• solar 4 KW
• Fully Fenced
• Rates approximately $1059 per 6 months
• Rental potential of $800 per week
Area Profile:
- Trinity Lutheran College - 150m (approx.)
- M1 Motorway - 2km (approx.)
- Crestwood Heights Shopping Centre - 2.5km (approx.)
- Gold Coast University Hospital - 4km (approx.)
- Griffith University - 4km (approx.)
Key Features:
- Colonial-style architecture with captivating design elements
- Modern kitchen with stone benchtops and dishwasher
- Spacious open-plan living area with built-in bar and air-conditioning
- Master bedroom with walk-in robe and modern en-suite
- Three additional bedrooms with built-in robes and ceiling fans
- Large veranda perfect for outdoor relaxation
- Spacious garden with room for kids and pets to play
- Carport doubling as an entertaining area
- Solar hot water system and solar power
- Large fully fenced 706m2 block
- Conveniently located near schools, shops, and amenities
Don't miss your chance to secure this unique property that offers both modern amenities and timeless charm, this property presents an excellent opportunity for investors or owner-occupiers alike.
Contact us today and experience the lifestyle that 2 Sturt Street, Molendinar has to offer. Nina Hurd 0416 574 518
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.
Listing description written by Nina Hurd, COASTAL ° — reproduced as published, not verified by Districts.