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VIP Market Report For Molendinar - July 2020

Page 1

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. 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.

House

Current Median

$579,000 Unit

Current Median

$306,350 # Listings last 12 month

36


Recent Activit y Total sales last 12 months

99

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 2 CAR 7/757 ASHMORE ROAD MOLENDINAR QLD 4214

$325,000

HOUSE

30/06/20

3 BED 2 BATH 4 CAR 4 PRESBYTERY LANE MOLENDINAR QLD 4214

$610,000 11/06/20

HOUSE 3 BED 2 BATH 2 CAR 5 KEEN ROAD MOLENDINAR QLD 4214

$625,000 01/05/20

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

$580,000

HOUSE

27/03/20

4 BED 1 BATH 1 CAR 9 MACQUARIE AVENUE MOLENDINAR QLD 4214

$480,000 22/05/20

HOUSE 3 BED 1 BATH 1 CAR 10/18 BATCHWORTH ROAD MOLENDINAR QLD 4214

$335,000 19/03/20


HOUSE 4 BED 2 BATH 2 CAR 3/16-18 GEOFF WOLTER

UNIT

DRIVE WEST MOLENDINAR QLD 4214

3 BED 1 BATH 3 CAR

$465,000

26/18 BATCHWORTH ROAD MOLENDINAR QLD 4214

05/03/20

$290,000 14/03/20

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

$432,000 13/03/20

HOUSE 4 BED 2 BATH 2 CAR 15 GEMINI CIRCUIT MOLENDINAR QLD 4214 HOUSE 5 BED 2 BATH 3 CAR 3 CRESTGARDEN COURT MOLENDINAR QLD 4214

$850,000 10/03/20

HOUSE 4 BED 2 BATH 3 CAR 48 WATFORD CRESCENT MOLENDINAR QLD 4214

$650,000 28/02/20

$510,000 03/03/20


Recent Listings HOUSE 5 BED 3 BATH 7 CAR 14 KINGSWAY DRIVE MOLENDINAR QLD 4214

AUCTION

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

$639,000

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

AUCTION

HOUSE 4 BED 2 BATH 2 CAR 5 LILYDALE PLACE MOLENDINAR QLD 4214

$700,000 TO $730,000

HOUSE

HOUSE

3 BED 1 BATH 1 CAR

4 BED 2 BATH 2 CAR

4 CABERNET CLOSE MOLENDINAR QLD 4214

38 GEMINI CIRCUIT MOLENDINAR QLD 4214

$440,000

OFFERS ABOVE $649,000


Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$590 /w

5.15%

159

Median Weekly Rent Trends


LJ HOOKER NERANG nerang@ljhooker.com.au 07 55814422 2-4 New Street Nerang nerang.ljhooker.com.au

Prepared on 9 Jul 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Apr - 31 Mar 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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