Over the last year, property investments in Molendinar, 4214 have given investors a capital gain of 3.45%. This compares averagely with the 1.98% for QLD as a whole.
A 14.95% growth in median value for property investors in Molendinar,4214 puts this suburb at number 508th in terms of best performing suburbs in QLD
The most recent median price for Molendinar is $569000, with sellers offering an average of -3.99% off the asking price.
Often selling an investment property can take time, and in Molendinar the average time real estate has been on the market is 54.45 days.
With the median price for a house in Molendinar being $569000 and the advertised rent reaching $540 the gross rental yield for property investors calculates out to be 4.93%
Investment property in Molendinar has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 20.28%
The five-year average increase in median property values for Molendinar,4214 has given property investors a potential capital gain of 13.55% across each of those five years.
Property buyers and investors in Molendinar 4214 should be seeing an average reduction in asking price of around -3.19% . This means that Molendinar is holding prices well when compared to other suburbs in QLD.
In the last year 72 properties changed hands in Molendinar, which puts it as the 128th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Molendinar being $324750 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 6.89%