VIP Market Report Jan 2020 - Molendinar

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

$580,000 Unit

Current Median

$292,500 # Listings last month

35

Recent Activit y Total sales last 12 months

103

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 16/757 ASHMORE ROAD MOLENDINAR QLD 4214

$291,500

HOUSE

09/12/19

6 BED 3 BATH 4 CAR 15 REDGUM PLACE MOLENDINAR QLD 4214

$740,000 25/11/19

HOUSE 4 BED 2 BATH 2 CAR 4 APPLEGUM PLACE MOLENDINAR QLD 4214

$655,000 19/11/19

HOUSE 4 BED 2 BATH 4 CAR 8 PRESBYTERY LANE MOLENDINAR QLD 4214

$610,000

HOUSE

03/11/19

4 BED 2 BATH 2 CAR 11 GRASSTREE WAY MOLENDINAR QLD 4214

$705,000 05/11/19

HOUSE 5 BED 3 BATH 3 CAR 11 BREAKSPEAR ROAD MOLENDINAR QLD 4214

$610,000 31/10/19

HOUSE 5 BED 3 BATH 2 CAR 11 LEOPARD TREE PLACE MOLENDINAR QLD 4214

$820,000

HOUSE 4 BED 2 BATH 2 CAR 4 MINTWOOD PLACE MOLENDINAR QLD 4214

15/10/19

$580,000 24/10/19

HOUSE 3 BED 2 BATH 2 CAR 2/21 HELLMAN STREET MOLENDINAR QLD 4214

$398,000 28/10/19

HOUSE 4 BED 2 BATH 2 CAR 167 CRESTWOOD DRIVE MOLENDINAR QLD 4214 HOUSE 4 BED 2 BATH 4 CAR 14 PRESBYTERY LANE MOLENDINAR QLD 4214

$632,500 12/10/19

UNIT 4 BED 2 BATH 2 CAR 1/751 ASHMORE ROAD MOLENDINAR QLD 4214

$465,000 08/10/19

$560,000 09/10/19

Recent Listings UNIT 2 BED 1 BATH 2 CAR 77/757 ASHMORE ROAD MOLENDINAR QLD 4214

OFFERS OVER $295,000

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

OFFERS OVER $499,000

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

$749,000

HOUSE 4 BED 2 BATH 2 CAR 9 REDGUM PLACE MOLENDINAR QLD 4214

$729,000

HOUSE 3 BED 2 BATH 2 CAR 1/12 MARYBETH CRESCENT MOLENDINAR QLD 4214

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

$699,000

Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$595 /w

5.36%

157

Median Weekly Rent Trends

LJ HOOKER NERANG 07 5581 4422 nerang@ljh.com.au 2-4 New Street Nerang

Prepared on 7 Jan 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Oct - 30 Sep 2019). Š 2019 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. Š The State of Queensland (Department of Environment and Resource Management) 2012. Based on data provided with the permission of the Department of Natural Resources and Mines: [QVAS 2012)]. The Department of Environment and Resource Management makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses and damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.