Suburb Profile Report for Molendinar QLD (4214)

Molendinar House: Median price $567,500, Annual capital growth 2.74%, Number of sales 96, Weekly median advertised rent $548

Molendinar Unit: Median price $307,500, Annual capital growth 0.53%, Number of sales 66, Weekly median advertised rent $435

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Molendinar, 4214 ranked 477th 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 18.48% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Molendinar is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 755th in terms of most discounted suburbs in QLD

At number 1058 in a list of fastest selling suburbs, Molendinar is in the TOP 30% of suburbs in Australia with an average of days on market 62.69 for properties listed there.

Property investors should expect to get $547.5 weekly from the median priced house in this suburb.

Giving property investors a an unimpressive capital gain of -3.61% for the last year, Molendinar, 4214 is the 1358th highest performer in Australia in this respect.

A 2.50% growth in median value for property investors in Molendinar,4214 puts this suburb at number 319th in terms of best performing suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Molendinar itself are offering an average vendor discount of -2.25% to real estate investors.

Molendinar is 15th on a list of best yielding suburbs for rents in QLD with a 7.36% return

Metrics i HOUSE UNIT
$567,500 $307,500
0.27% -4.43%
2.25% -3.61%
2.74% 0.53%
$548 $435
96 66
5.02% 7.36%
62.69 83.91

Source: CoreLogic

DSR Score for property investment : Good (H), Excellent (U)
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Demographics
Total population 6213
Median household income ($/weekly) 1278
Median age of persons 35
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 907 14.6
    25-34 years 801 12.9
    35-44 years 972 15.6
    45-54 years 925 14.9
    55-64 years 667 10.7
    Others 1942 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 2068 46.0
    Not Married 1997 44.4
    Defacto Relationship 429 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3781 64.9
    Croatia 146 2.5
    Papua New Guinea 553 9.5
    United Kingdom 293 5.0
    Other 271 4.6
    Others 784 13.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 169 3.0
    Christianity 3858 68.6
    Hinduism 100 1.8
    Islam 93 1.7
    No Religion 1337 23.8
    Others 63 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 176 9.8
    $800-$999 173 9.6
    $1,250-$1,499 184 10.2
    $1,500-$1,999 251 13.9
    $2,000-$2,499 200 11.1
    Others 816 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1763 38.2
    Not in the labour force 1442 31.2
    Employed, worked part-time 996 21.6
    Unemployed, looking for work 280 6.1
    Employed, away from work 135 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 493 17.0
    Technicians & trades workers 453 15.6
    Clerical & administrative workers 399 13.8
    Sales 402 13.9
    Labourers 341 11.8
    Others 808 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 89 5.5
    Infants/Primary 570 35.0
    Secondary 437 26.9
    Technical or Further Educational Institution 140 8.6
    University or other Tertiary Institutions 347 21.3
    Others 44 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5257 89.8
    Semi-detached, row or terrace house, townhouse 509 8.7
    Flat, unit or apartment 91 1.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 842 42.7
    Rented 735 37.3
    Fully owned 388 19.7
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals