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 › Macquarie Ave
$855,000
Last sold
3 Nov 2023
3
Bedrooms
1
Bathrooms
3
Car spaces
714 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
$855,000
3 Nov 2023 · 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
-32.9%
Median sale
Suburb $1,275,000
+1.58 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 Harcourts Innovations AshmoreWelcome to your new dream home! This charming property has been thoughtfully renovated, blending classic charm with modern design to create the perfect place to call home. From the moment you arrive your welcomed by an inviting front entrance and covered porch. Meandering through the residence you will immediately feel at home and be impressed with the stylish hybrid floors, the large, modern kitchen, and the chic bathroom, stylishly finished with stone bench and pendulum lights. With an outdoor entertaining area and a fully fenced garden for kids and pets to play, this is a home your family will enjoy for many years to come.
The location is hard to beat. Nearby is Griffith university, the GC Hospital, Crestwood Plaza, Southport CBD, golf courses, The Broadwater, sandy beaches, and quality schools such as Trinity Lutheran College. Anything further can easily be accessed via main artillery roads or the highway close by.
Property snapshot:
- The large modern kitchen is the hub of the home and looks over the garden. Comes with an abundance of storage and bench space, an island bench, large oven, and dishwasher.
- Open plan living and dining area.
- Rumpus room/study.
- The modern, family bathroom is stylishly finished with a stone bench and chic pendulum lights. Has both bath and separate shower.
- Master bedroom with built in robe and air conditioning.
- A further 2 bedrooms with wardrobes and one with air conditioning.
- Covered front porch/deck.
- Stunning hybrid timber floors throughout.
- Fully fenced yard with secure gate.
- Secure parking.
- Room for storage of a boat, jet ski, trailer etc.
- Laundry area.
- Outdoor entertaining area that opens from internal living.
- Garden for kids or pets to play.
- Garden shed.
- Solar.
- Fully fenced 714m2 block
- Council rates = approx. $979 per 6 months
Location:
- Trinity Lutheran College - approx. 3 mins drive
- Ashmore State School - approx. 4 mins drive
- Keebra State High School - approx. 7 mins drive
- M1 Motorway - approx. 4 mins drive
- Crestwood Heights Shopping Centre - approx. 4 mins drive
- Gold Coast University Hospital - approx. 7 mins drive
- Griffith University - approx. 7 mins drive
- Broadwater Parklands - approx. 11 mins drive
Call your Molendinar specialist, Andrew Hudson 0405407109 to discuss further.
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 buyers should make their own enquiries to verify the information contained herein.
Listing description written by Andrew Hudson, Harcourts Innovations Ashmore — reproduced as published, not verified by Districts.
Also look at