Suburb Profile Report for Molendinar QLD (4214)

Molendinar House: Median price $569,000, Annual capital growth 2.95%, Number of sales 96, Weekly median advertised rent $540

Molendinar Unit: Median price $324,750, Annual capital growth 1.15%, Number of sales 72, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$569,000 $324,750
-0.18% -0.08%
3.45% 20.28%
2.95% 1.15%
$540 $430
96 72
4.93% 6.89%
54.45 74.29

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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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
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Recent sales & rentals