Property investors who have had real estate in Molendinar, 4214 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.36%
The five-year average increase in median property values for Molendinar,4214 has given property investors a potential capital gain of 12.87% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Molendinar, 4214. Typically our figures indicate that -3.90% is being offered, which puts this QLD suburb at 3201th most discounted overall in Australia.
A $535 per week rent on the median house gives suburb investors a gross yield of circa 4.88%, without taking into account capital value appreciation, which has been averaging out at 3.08%.
Property value increases in Molendinar have tracked higher than the QLD average of 1.47% over the last 12 months.
Taking the average capital gain, or increase in median house value, Molendinar,4214 has racked up an average of 21.51% over the period. This ranks it number 518th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Molendinar is giving property investors an average Vendor Discount of around -4.18%. This puts suburb at number 254th in QLD when ranking the most discounted suburbs.
Advertised rents are around the $440 mark per week – giving a return of 7.11% based on the median price in Suburb