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 › Forrest Ave
$851,000
Last sold
29 Mar 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
696 m²
Land
249 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
$851,000
29 Mar 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
-33.3%
Median sale
Suburb $1,275,000
+1.60 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 Smart Real EstateTo watch a Video of this property, please click on link below**:
https://youtu.be/ul5deyzAcQQ
To take an Online 3D Tour of this property, please click on the link below**:
https://my.matterport.com/show/?m=n9sKHynbhkq
** If the hyper link above does not work in the web browser you are using, please simply copy and paste the links above into a new internet page or tab that you are using.
The Brad Scott team is proud to Welcome you to 26 Forrest Avenue, MOLENDINAR QLD 4214!
Step into a lifestyle of comfort and convenience with this charming 4-bedroom, 2-bathroom single-storey residence, perfectly positioned on a generous 696sqm fully fenced block in the sought-after Gold Coast region.
Key Features Include:
- Spacious Open Plan Living: An inviting atmosphere with plenty of room for the whole family to enjoy.
- Four Well-Appointed Bedrooms: Generously sized and designed for comfortable living and rest.
- Two Modern Bathrooms: Elegantly partly renovated, equipped with quality fixtures to provide ease and convenience.
- Three-Car Carport: Ample vehicle space with an added electronic side gate, ideal for your boat or small caravan.
- Outdoor Haven: Relish the Gold Coast sunshine in your expansive rear patio area – perfect for entertaining guests or unwinding in serenity.
- Lush Gardens with Sheds: Two handy garden sheds complement the neat, low-maintenance gardens offering ample storage solutions.
- Room to Play: A sizable rear yard provides a safe and delightful space for children's play and family fun.
- Standout Convenience: Enjoy easy access to local amenities, shopping centres, schools, and public transport, all while being nestled in a tranquil neighbourhood.
This renovated property offers both the charm of suburban life and the ease of access to the bustling heart of the Gold Coast. Awake to the peaceful sound of local birdlife, enjoy a coffee in the embrace of your private patio, or host a lovely weekend barbecue with friends and family in your landscaped yard.
At 26 Forrest Avenue, Molendinar, you are not just buying a house, you’re securing a lifestyle envied by many and possessed by few.
PROPERTY INFORMATION
Gold Coast City Council Rates: $2,017* p.a. approx
Currently Owner Occupied. So buy Vacant and then Rent out as an Investment property, or Live in. The Choice is yours.
Current Rental Appraisal: $800* to $880* per week
Block size: 696m2
Single Storey
Built: 1972*
* denotes approximations and/or measurements
Contact our friendly team today to arrange a private inspection and secure your future in this beautiful property. Act fast, as homes of this caliber do not last long on the market!
This stunning single storey entertainer house is priced to sell at a highly competitive value. Inquire today to embrace the lifestyle you’ve been dreaming of!
For further information please contact your Local Molendinar Area Experts Brad Scott or Wayne Haase.
* NOTE: Some images have had furniture/belongings, tree stumps/timber retaining digitally removed and/or added for marketing purposes and privacy of the current occupant.
** Please be aware, this property is sold without the dishwasher, as it does not belong to the current occupant.
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. The agent makes no claims or guarantees that all works at the property are building certified and/or council approved, and all prospective purchasers should make their own inquiries to verify the information contained herein.
COVID-19 Update
- Please do not attend any inspections if have returned from overseas in the past 14 days, are unwell, elderly, or have a compromised immune system.
- Please practice social distancing at all inspections to help minimize the spread of COVID-19.
- If you are unable to physically attend an inspection please click on the 3D Tour for this property for a virtual Online tour of this property.
Listing description written by Brad Scott, Smart Real Estate — reproduced as published, not verified by Districts.