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 › Lockwood Pl
$1,180,000
Last sold
27 Mar 2024
5
Bedrooms
2
Bathrooms
3
Car spaces
546 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
$1,180,000
27 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Molendinar (last 5 years) with land size have a median of $1,486/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
-7.5%
Median sale
Suburb $1,275,000
+0.26 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 °New beginnings beckon in sought-after Crestwood Heights Estate, in a family haven that showcases style, comfort and space. Backing onto bushland on a 546m2 block and boasting a double storey floorplan, neutral tones throughout create a timeless quality to the interiors. The kitchen echoes this, complemented by Caesarstone benchtops, stainless steel appliances and abundant storage, while multiple living and dining zones ensure the freedom to spend time together or apart. A firm favourite will be the expansive family room, featuring a seamless connection to the outdoors. Ideal for alfresco entertaining or unwinding, it overlooks landscaped gardens and the lush reserve.
Upstairs, four bedrooms promise the luxury of space, including an oversized master suite with a walk-in robe and elegant ensuite. A modern main bathroom caters to the needs of the three remaining upper-level bedrooms, supplemented by a versatile fifth bedroom and powder room downstairs.
Centrally located, enjoy easy access to Crestwood Plaza, the M1 Motorway, Ashmore City Shopping Centre and acclaimed schools. Griffith University and Gold Coast University Hospital are within approx. 2.5km or for some fun in the sun, drive 6km to Broadwater Parklands or 9km (approx.) to savour the sand and surf at Main Beach. See for yourself why this immaculate home will meet all your family needs - inspect today!
Property Specifications:
• Immaculate family haven in the sought-after Crestwood Heights Estate
• 546m2 block, backing onto a bushland reserve
• Spans two levels, featuring timeless, neutral-tone interiors
• Kitchen with Caesarstone benchtops, stainless steel appliances, gas cooktop and abundant storage
• Open plan family room connects with the outdoor entertaining area
• Spacious living area with a separate dining zone
• Four upstairs bedrooms, including an oversized master suite with walk-in robe and ensuite
• Three remaining upper-level bedrooms featuring built-in robes
• Modern main bathroom with separate toilet
• Fifth bedroom and powder room downstairs
• Covered alfresco patio and open air deck overlooks landscaped gardens and the adjoining reserve
• Double garage
• Storage space under the stairs
• Freshly painted front exterior
• New solar system installed
• Air conditioned, with new inverter units to the four upstairs bedrooms
• 900m walk to Crestwood Plaza, 1.7km to Ashmore City Shopping Centre
• 2km from Aquinas College, Guardian Angels Primary School, Trinity Lutheran College (primary campus) and Griffith University (approx.)
• 2.5km to Gold Coast University Hospital and Gold Coast Private Hospital (approx.)
• 6km to Broadwater Parklands and 9km to Main Beach (approx.)
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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Stuart Reeder, COASTAL ° — reproduced as published, not verified by Districts.