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 › Gidgee Ct
$865,000
Last sold
13 June 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
697 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
$865,000
13 June 2023 · 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
-32.2%
Median sale
Suburb $1,275,000
+1.52 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
UnknownArea
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 Harcourts Innovations AshmoreThis fantastic single level residence is only 11 years young so modern throughout and with 4 bedroom, 2-bathroom, double lock up garage, large master and kitchen, there is enough room for the whole family. The covered, private alfresco area is perfect for entertaining or family time as it flows effortlessly from the internal living space and centrally positioned kitchen.
The location is hard to beat, with Griffith university, the GC Hospital, Crestwood Plaza, Southport CBD, golf courses, sporting fields, The Broadwater, sandy beaches and quality schools such as Trinity Lutheran College only minutes away. Anything further can easily be accessed via main artillery roads or the highway close by.
With a tenant in place until 20th August 2023, paying $800 per week, this is perfect for the savvy investor looking to add to their portfolio.
Property snapshot:
• modern kitchen with island bench/breakfast bar, pantry and stainless-steel appliances including dishwasher & gas cooking.
• Entry foyer with recess and display shelf.
• Open plan living and dining with air conditioning, which flows out to outdoor alfresco area.
• Master bedroom with ceiling fan, both a walk-in robe and a built-in robe and en-suite with double vanity.
• A further 3 bedrooms with ceiling fans and built in robes.
• Family bathroom with a large deep bath and separate shower. Separate toilet for convenience.
• Covered Alfresco area that flows from internal living for easy entertaining.
• Separate laundry with external access.
• Double lock up garage with automatic doors, internal access, storage cupboard and roller door access to rear garden. Plus, off street parking.
• Crim safe doors.
• Garden for kids and pets to play.
• Built circa 2012
• Fully fenced 697m2 block
• Council rates = approx. $928 per 6 months
- solar
Area profile:
• Trinity Lutheran College - 4 mins or 150m (approx.)
• M1 Motorway - 2km (approx.)
• Crestwood Heights Shopping Centre - 4 mins or 2km (approx.)
• Gold Coast University Hospital - 8 mins 3.6km (approx.)
• Griffith University - 8 mins or 3.6km (approx.)
• Broadwater Parklands - 14 mins or 6.4km (approx.)
Call your Molendinar specialist, Andrew Hudson 0405407109 to discuss further.
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 buyers should make their own enquiries to verify the information contained herein.
Listing description written by Andrew Hudson, Harcourts Innovations Ashmore — reproduced as published, not verified by Districts.
Nearby 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.