Molendinar, 4214 ranked 473th in QLD when comparing growth in median property values or capital gain over the last 12 months. Molendinar is one of 2415 in our list for QLD
Over the longer term, Molendinar has seen property prices show investors a 20.13% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Molendinar is giving property investors an average Vendor Discount of around -3.67%. This puts suburb at number 806th in QLD when ranking the most discounted suburbs.
A $547.5 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 2.68%.
Over the last year, property investments in Molendinar, 4214 have given investors a capital gain of 11.96%. This compares very favourably with the 1.12% for QLD as a whole.
Over the longer term, Molendinar has seen property prices show investors a 9.23% return over the last 3 years. This is an improvement over the last 12 months
Molendinar4214 is located in QLD which offers an average discount of -6.00% to property investors. Molendinar itself is showing figures that indicate -2.54% is the average achievable by property buyers investing in the suburb.
Situated 62.73km from the CBD, Molendinar is one of Gold Coast localities in the postcode 4214.