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
$1,550,000
Last sold
9 May 2026
4
Bedrooms
2
Bathrooms
6
Car spaces
888 m²
Land
501 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
$1,550,000
9 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Molendinar (last 5 years) with land size have a median of $1,486/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
+21.6%
Median sale
Suburb $1,275,000
-0.57 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 McGrath SouthportPositioned high on Sturt Street, this versatile property is built for buyers who want options. Whether you are chasing strong rental returns, accommodating extended family, or future-proofing your living setup, 27 Sturt Street delivers in spades.
Set on a generous 888m² fully fenced corner block, the home offers dual living potential across two fully self-contained levels. With two kitchens, multiple living zones, and flexible room configurations, it is perfectly suited for multi-generational families wanting to live together while maintaining independence, as well as investors seeking dual income or live-in-and-rent-out scenarios.
The home has been updated over the last 5 years presenting a clean, modern feel throughout. Downstairs is fully equipped with its own kitchen, bathroom, living area, bedroom and two utility rooms, ideal for tenants, extended family, or a private home office setup. Upstairs provides comfortable family living with three bedrooms, its own kitchen, bathroom, and spacious lounge.
Then there is the garage. A standout 6+ car lock-up setup with additional off-street parking, workshop space, and an electric car hoist. Perfect for tradies, car enthusiasts, or anyone needing serious storage and functionality.
Outside, the property continues to impress with a large undercover entertaining area, two-level decking and plenty of room to add a pool if desired.
Key Features:
- Genuine dual living with 2 fully functional kitchens
- Large fully fenced corner block at 888m² with secure electric gate
- 4 large bedrooms plus 2 multi-purpose rooms
- Separate living areas on both levels
- Recently updated in the last 5 years
- Polished timber floorboards upstairs and fully tiled downstairs for low maintenance living
- Ceiling fans throughout upstairs (bedrooms and living areas)
- Multiple split-system air-conditioning units
- 6+ car lock-up garage + additional off-street parking
- Workshop with electric car hoist
- Large undercover entertaining area with ModWood decking
- Low maintenance gardens with room for a pool
Located within close proximity to Griffith University, Gold Coast University Hospital, schools, and major shopping precincts, this is a high-demand rental pocket with strong tenant appeal.
Properties with this level of flexibility are rare. One property, multiple income streams, and endless living configurations.
Council Rates – approx. $1,259.47 per 6 months
Water Rates – approx. $535.17 per quarter
Rental Appraisal –
Whole House - $1,150 to $1,250 per week
Upstairs - $750 to $800 per week
Downstairs - $700 to $750 per week
Total Upstairs + Downstairs (if rented separately) - $1,450 to $1,550 per week
Properties like this are rarely available. Enquire today to arrange your inspection.
Note: Some images in this listing have been virtually staged to illustrate the potential use of the space.
Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
Listing description written by Adam McCubbin, McGrath Southport — 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.