M o l e n d i n a r M a r k e t U p d a t e • 2 nd H a l f 2 0 2 6 In Q2 2026, Molendinar* recorded a median house price of $1,300,000 and a median unit price of $944,500. This is an annual (Q2 2025 – Q2 2026) price growth of 12.1% for houses and 24.7% for units. Now is an ideal time for owners to capitalize on their investments. Comparing Q2 2025 and Q2 2026, total sales increased by 5.0% for houses (to 21 sales in Q2 2026) but decreased by -22.2% for units (to 14 sales in Q2 2026). This confirms a highly-demanded house market and an undersupplied unit market, which helped to support price growth despite multiple cash rate hikes in 2026. Most sales were in the more affordable price range of $1.0M - $1.25M for houses (31.3%) and the most affordable price bracket of less than $800K for units (49.5%), in good news for buyers. However, without any new ready-to-sell stock planned in 2026, property prices are expected to increase further. Thus, buyers must act fast. MEDIAN SALES PRICE CHANGE FROM LAST YEAR Q2 2026
HOUSE SALE S
HOUSE ME DIAN PRICE
$1.3M
HOUSE RE NTAL PRICE
$945K
MEDIAN RENTAL PRICE Q2 2026
UNIT SALE S UNIT ME DIAN PRICE
$980
UNIT RE NTAL PRICE
$
$610
PRICE BREAKDOWN 2026^ HOUSES SOLD
UNITS SOLD 18.1%
Less than $799,999 $800,000 to $899,999
7.6%
49.5%
11.4%
$900,000 to $999,999 $1,000,000 to $1,099,999 $1,100,000 and above
13.3%
MARKET COMPARISON Molendinar (4214) House
Gold Coast LGA House
Molendinar (4214) Unit
Gold Coast LGA Unit
$1,500,000
$1,000,000
$500,000
$0 2022
2023
2024
2025
2026#
PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2026.
RENTAL GROWTH 2026€ House rental yield in Molendinar¥ was 3.9% as of June 2026, on par with Gold Coast Main (3.9%). Further, this is paired with a 4.3% growth in median house rental price over the past 12 months to Q2 2026, to $980 per week, along with a -25.0% decline in the number of houses rented (to 27 houses in Q2 2026). Overall, this indicates an undersupplied house rental market in Molendinar¥. Molendinar¥ recorded a vacancy rate of 1.0% in June 2026, lower than Gold Coast Main’s average of 2.2%. Further, it has been on a declining trend and is well below the Real Estate Institute of Australia’s healthy benchmark of 3.0%. This suggests quicker occupancy in the rental market. Combined with a higher rental yield, this benefits investors.
RENTAL YIELD 2026§ 3.9%
3.9%
Molendinar (4214)
4.9%
Mixed-Use $13.0M Industrial $33.8M
Molendinar£ is expected to see approximately $47.1M of projects completing construction from 2026 onwards, with a focus on the Industrial sector. Key industrial projects include Molendinar Self Storage Facility ($30.0M) and 65 Happer Street Warehouse ($1.1M). No residential projects are planned from 2026 onwards, meaning no townhouses, units/apartments or stand-alone houses are expected to enter the market. Compared with 70 houses and 78 units sold through all of 2025, current undersupply in the market is highly likely to continue and more pressure on property prices over the medium to long term. Buyers wanting to enter the market need to act fast.
Gold Coast Main
4.5%
Molendinar (4214)
FUTURE DEVELOPMENTS 2026 Onwards
Gold Coast Main
RENTAL VACANCY RATES 2026 3.5% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0%
Jun-26
REIA 'Healthy' Benchmark
Tyler Smith +61 413 553 169
Mar-26
Dec-25
Brisbane Metro
Sep-25
Jun-25
Mar-25
Gold Coast Main
Dec-24
Sep-24
Jun-24
Mar-24
Dec-23
Sep-23
Jun-23
Molendinar (4214)
tyler@prdashmore.com.au
11/406 Southport Nerang Rd, Ashmore, QLD, 4212 +61 7 5597 1200 PRD.com.au/ashmore/
GET IN TOUCH WITH US TODAY * Molendinar sales market data and key indicators encapsulates aggregate property market conditions within the suburb of Molendinar. ^ 2026 encapsulates sales transactions for 1st half of 2026 (01/01/2026-30/06/2026) only, other yeas encapsulates sales transactions for the full year. € Annual rental growth is a comparison between Q2 2025 (01/04/2025 – 30/06/2025) and Q2 2026 (01/04/2026 – 30/06/2026) house median rent figures. ¥ Molendinar rental market data and key indicators encapsulates aggregate property market conditions within the suburb of Molendinar. § Rental yields shown are as reported as of June 2026. £ Projects refers to the top developments within the suburb of Molendinar. Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS. © Copyright PRD 2026.