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 › Watford Cres
For sale
For sale
4
Bedrooms
2
Bathrooms
2
Car spaces
1,307 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
Asking
No recorded sale price for this property yet.
Local land rate: recorded House sales in Molendinar (last 5 years) with land size have a median of $1,497/m² of land (n=117). 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.
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 @realty** INVITING OFFERS**
1,307m² | Dual Street Frontage | Elevated Parkside Position | Offers Over $1,599,000
Large land holdings of this calibre are becoming exceptionally rare in central Molendinar.
Positioned on an elevated 1,307m² parcel opposite parkland with distant views to the Great Dividing Range, this immaculately presented residence combines immediate family comfort with exceptional future versatility. With valuable dual street frontage and an abundance of usable land, it offers a lifestyle and flexibility that are increasingly difficult to find.
Beautifully maintained and thoughtfully upgraded, the home is ready to enjoy today while offering outstanding scope to further enhance its value (subject to Gold Coast City Council approval).
The generous floorplan features multiple living areas, air conditioning to the living room, family room and master bedroom, ceiling fans throughout, built-in wardrobes to every bedroom, plus security and fly screens throughout. The spacious master suite includes twin rainfall showers, twin vanities and two heated towel rails, while the family bathroom features a corner bath and separate shower.
Everyday practicality has been carefully considered with a well-equipped laundry offering extensive storage and a fold-out ironing board, a spacious double garage with room for two cars plus motorbikes or a jet ski, driveway parking for four additional vehicles and a garden shed.
Energy efficiency is another standout, with a solar power system complemented by a 15kW battery storage system installed in December 2025, helping to reduce running costs for years to come.
Outside is where this property truly separates itself. A grand covered entertaining area overlooks two separate yard spaces, while the southern yard enjoys convenient roller gate access. A dedicated fire pit area creates the perfect setting for entertaining family and friends all year round.
With land of this size, the future possibilities are exceptional (STCA), including:
A contemporary two-bedroom granny flat of approximately 80m².
A substantial shed or workshop (approximately 9m x 6m, 12m x 7m or larger).
A resort-style swimming pool.
Secure accommodation for caravans, boats, trailers, trade vehicles, classic cars and recreational equipment.
Whether you're accommodating extended family, operating a home business, running a trade, storing valuable vehicles or simply seeking room for the kids to play, this property adapts effortlessly to your lifestyle.
Despite its peaceful park-side setting, everything is within easy reach:
Griffith University & Gold Coast University Hospital – 7 minutes
Harbour Town Premium Outlets – 8 minutes
Southport CBD & Broadwater – 10 minutes
M1 Motorway – 5 minutes
Surfers Paradise & Gold Coast beaches – 15 minutes
Brisbane CBD – approximately 55 minutes
Property Features
Elevated 1,307m² allotment with valuable dual street frontage
Distant views to the Great Dividing Range
Solar power with 15kW battery system (December 2025)
Two separate yard areas with southern roller gate access
Double garage plus space for motorbikes or a jet ski
Driveway parking for four additional vehicles
Expansive covered outdoor entertaining area
Fire pit area
Air conditioning to living room, family room and master bedroom
Ceiling fans throughout
Built-in wardrobes to all bedrooms
Fly screens and security screens throughout
Spacious laundry with fold-out ironing board and storage
Family bathroom with corner bath and separate shower
Luxury ensuite with twin rainfall showers, twin vanities and heated towel rails
Garden shed
Outstanding future potential (STCA)
Properties combining elevated park-side living, dual street frontage, oversized land and exceptional presentation are becoming increasingly difficult to secure.
Whether you're searching for a premium family home, space for extended family, room to operate a business or store your lifestyle toys, or simply a significant landholding with outstanding long-term potential, 31 Watford Crescent delivers a rare opportunity in one of Molendinar's most tightly held pockets.
Versatile by design. Exceptional by opportunity.
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
Listing description written by Andrew Colley, @realty — reproduced as published, not verified by Districts.