VIP Market Report - Molendinar April 2020

Suburb Repor t Mole ndinar 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.

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.

House Current Median

$600,000

The predominant age group in Molendinar is 20-29 years.

Unit

Households in Molendinar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments.

Current Median

$294,500

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.

# Listings last 12 month

46

Recent Activit y Total sales last 12 months

102

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 HOUSE 5 BED 3 BATH 8 CAR 44 WATFORD CRESCENT MOLENDINAR QLD 4214

$628,000

HOUSE

14/04/20

3 BED 1 BATH 1 CAR 23 VERDELHO WAY MOLENDINAR QLD 4214

$432,000 09/04/20

HOUSE 4 BED 2 BATH 2 CAR 15 GEMINI CIRCUIT MOLENDINAR QLD 4214

$510,000 31/03/20

UNIT 5 BED 2 BATH 4 CAR 34 MACQUARIE AVENUE MOLENDINAR QLD 4214

$522,000

HOUSE

19/02/20

4 BED 2 BATH 3 CAR 106 MACQUARIE AVENUE MOLENDINAR QLD 4214

$672,000 25/03/20

UNIT 3 BED 2 BATH 2 CAR 2/12 PILAR COURT MOLENDINAR QLD 4214

$432,000 10/02/20

HOUSE 4 BED 2 BATH 4 CAR 15 HIGHCREST CIRCUIT MOLENDINAR QLD 4214

$754,000

UNIT 3 BED 1 BATH 2 CAR 31/18 BATCHWORTH ROAD MOLENDINAR QLD 4214

03/02/20

$345,000 18/02/20

HOUSE 4 BED 2 BATH 4 CAR 9 KEEN ROAD MOLENDINAR QLD 4214

$755,000 15/02/20

HOUSE 4 BED 2 BATH 4 CAR 1/1 MARYBETH CRESCENT MOLENDINAR QLD 4214 HOUSE 4 BED 3 BATH 4 CAR 9 WENTWORTH AVENUE MOLENDINAR QLD 4214

$582,000 03/02/20

HOUSE 4 BED 1 BATH 3 CAR 12 BASS AVENUE MOLENDINAR QLD 4214

$498,000 23/01/20

$500,000 27/01/20

Recent Listings HOUSE 4 BED 2 BATH 3 CAR 52 HIGHCREST CIRCUIT MOLENDINAR QLD 4214

$779,000

HOUSE 4 BED 2 BATH 3 CAR 24 LOCKWOOD PLACE MOLENDINAR QLD 4214 HOUSE

$649,900

4 BED 2 BATH 2 CAR 2 VIEWRIDGE WAY MOLENDINAR QLD 4214

$649,000

HOUSE 3 BED 1 BATH 2 CAR 21 WENTWORTH AVENUE MOLENDINAR QLD 4214

$489,000.00

HOUSE 3 BED 2 BATH 2 CAR 14 WATFORD CRESCENT MOLENDINAR QLD 4214

HOUSE 5 BED 2 BATH 3 CAR 3 CRESTGARDEN COURT MOLENDINAR QLD 4214

$849,995

Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$595 /w

5.15%

170

Median Weekly Rent Trends

LJ HOOKER NERANG

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

Prepared on 20 Apr 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Feb - 31 Jan 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.