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VIP Market Report for Molendinar - October 2020

Page 1

Suburb Repor t Molendinar QLD 4214


Molendinar QLD 4214

The size of Molendinar is approximately 7.7 square kilometres. It has 42 parks covering nearly 10.4% of total area.

House Current Median

The population of Molendinar in 2011 was 6,213 people. By 2016 the population was 6,379 showing a population growth of 2.7% in the area during that time.

$580,000

The predominant age group in Molendinar is 20-29 years. Households in Molendinar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Molendinar work in a professional occupation. In 2011, 61.1% of the homes in Molendinar were owner-occupied compared with 59.9% in 2016.

Unit Current Median

$330,000 # Listings last 12 month

44


Recent Ac tivit y Total sales last 12 months

93

Why is recent activity important to me? Recent sales activity provides insight into the current market condition. Many more sales than listings may indicate an undersupplied market, while conversely, more listings could indicate an over-supplied market with buyers in the driving seat.


Recent Sales UNIT 2 BED 1 BATH 1 CAR 23/757 ASHMORE ROAD MOLENDINAR QLD 4214

$280,000

HOUSE

30/09/20

3 BED 2 BATH 2 CAR 11 PRESBYTERY LANE MOLENDINAR QLD 4214

$572,500 23/09/20

UNIT 2 BED 1 BATH 3 CAR 56/757 ASHMORE ROAD MOLENDINAR QLD 4214

$310,000 17/09/20

HOUSE 4 BED 2 BATH 2 CAR 18 DELLWOOD CIRCUIT MOLENDINAR QLD 4214

$570,000

UNIT

03/09/20

2 BED 1 BATH 2 CAR 14/757 ASHMORE ROAD MOLENDINAR QLD 4214

$290,000 17/09/20

HOUSE 4 BED 2 BATH 2 CAR 11 MANSE COURT MOLENDINAR QLD 4214

$620,000 02/09/20


HOUSE 4 BED 2 BATH 3 CAR HOUSE

82 CRESTWOOD DRIVE MOLENDINAR QLD 4214

5 BED 3 BATH 2 CAR

$720,000

19 MITCHELL AVENUE MOLENDINAR QLD 4214

14/08/20

$675,000 27/08/20

HOUSE 3 BED 2 BATH 2 CAR 33 FORREST AVENUE MOLENDINAR QLD 4214

$580,000 28/08/20

HOUSE 4 BED 2 BATH 2 CAR 8 MAHOGANY PLACE MOLENDINAR QLD 4214 HOUSE 4 BED 2 BATH 5 CAR 4 BELLWOOD PLACE MOLENDINAR QLD 4214

$680,000 13/08/20

HOUSE 4 BED 2 BATH 4 CAR 14 WATERGUM PARADE MOLENDINAR QLD 4214

$715,000 06/08/20

$615,000 13/08/20


Recent Listings UNIT 4 BED 2 BATH 2 CAR 2/755 ASHMORE ROAD MOLENDINAR QLD 4214

435,000

UNIT 3 BED 1 BATH 2 CAR 14/18 BATCHWORTH ROAD MOLENDINAR QLD 4214 HOUSE

PRESENT ALL OFFERS AROUND $280K

5 BED 3 BATH 3 CAR 18 BREAKSPEAR ROAD MOLENDINAR QLD 4214

$639,000

HOUSE 4 BED 2 BATH 2 CAR 1 CRESTBROOK GLEN MOLENDINAR QLD 4214

$649,900

HOUSE 4 BED 2 BATH 4 CAR 28 FORREST AVENUE MOLENDINAR QLD 4214

AUCTION

HOUSE 4 BED 2 BATH 2 CAR 21 GUMLEAF DRIVE MOLENDINAR QLD 4214

$665,000


Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$570 /w

5.15%

138

Median Weekly Rent Trends


LJ HOOKER NERANG

nerang@ljhgc.com.au 2-4 New Street, Nerang nerang.ljhooker.com.au

Prepared on 12 Oct 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Jul - 30 Jun 2020). Š 2020 Copyright RP Data Pty Limited, Local, State, Commonwealth Govt. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials at this site is permitted. The information provided is deemed reliable but not guaranteed. Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2020. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws.


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