Property value increases in Molendinar have tracked close to the QLD average of 1.88% over the last 12 months.
Molendinar,4214 has offered an average of 1.35% return per annum in house price rises to property investors over the last three years.
The most recent median price for Molendinar is $562500, with sellers offering an average of -3.66% off the asking price.
If you compare the increase in value of investment property in Molendinar, 4214 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 19.55%.
While Molendinar,4214 ranked number 94th in QLD for increase in median house value (annualised) increase, it is ranked 114th over the last 5 years.
Vendor discounting in Molendinar is giving property investors an average Vendor Discount of around -2.60%. This puts suburb at number 303th in QLD when ranking the most discounted suburbs.
In the last year 62 properties changed hands in Molendinar, which puts it as the 145th most active market in QLD when comparing the number of sales per suburb.
Molendinar, 4214’s gross rental yield is 7.12%