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 › Redwood Pl
$1,200,000
Last sold
7 Mar 2024
5
Bedrooms
2
Bathrooms
4
Car spaces
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
$1,200,000
7 Mar 2024 · derived via latest_sale
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
-5.9%
Median sale
Suburb $1,275,000
+0.20 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 Professionals Vertullo Real Estate Paradise PointWelcome to your dream home at 4 Redwood Place, Molendinar! Nestled within the prestigious Crestwood Heights Estate, this sprawling two-storey residence is surrounded by premium homes in a tranquil, family friendly cul-de-sac.
Step inside to discover a well-conceived, immaculate property that has had recent improvements including new carpets throughout and fresh paint. Entertain with ease in the formal lounge and dining areas or unwind in the light-filled open plan living room, featuring modern neutral tones and split system air conditioning. Downstairs offers versatility with a 5th bedroom or multi-purpose room, along with oversized home office with separate client access, ideal for remote work or consultations.
Upstairs, find 4 bedrooms all boasting built-in robes and ceiling fans, including a luxurious master suite with walk-in robe and private ensuite. Outside, indulge in secluded relaxation by the inground swimming pool or entertain guests in the spectacular alfresco area surrounded by manicured gardens and high fencing. Additional features include a secure double lock-up garage, driveway parking, solar panels, garden shed, and fully fenced backyard.
Experience the epitome of Gold Coast living - seize this opportunity to call 4 Redwood Place home!
Features:
• Sprawling two-storey home, 431* sqm block
• Set amongst premium homes in tranquil, exclusive and sought-after Crestwood Heights Estate
• Partially renovated, freshly painted and new carpet throughout, immaculate presentation
• 4 Bedrooms upstairs, all with built-in robes, ceiling fans
• Master suite with walk-in robe and private ensuite
• Main Bathroom with bath tub plus separate WC
• 5th bedroom or multi-purpose room (downstairs)
• Light filled open plan family living area with modern, timeless, neutral tones and split system air conditioning
• Central, functional kitchen featuring breakfast bar, and quality appliances
• Tiled formal dining room
• Formal lounge room
• Oversized additional home office, with a separate access at side of house for client meetings
• Laundry with external access to clothesline
• Separate powder room for guests
• Private inground swimming pool
• Spectacular, alfresco entertaining area
• Screens on doors and windows
• Secure, automatic, double lock-up garage plus driveway parking
• Fully fenced back yard
• Manicured, and landscaped gardens
• 3x2m* Garden shed
• 16 Solar panels (3kw*)
*approximate
Listing description written by Gemma White, Professionals Vertullo Real Estate Paradise Point — reproduced as published, not verified by Districts.