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Molendinar
AREA REPORTS

Molendinar

Molendinar - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4214

house
unit

Property investors enjoyed capital gains of 3.75% over the last 12 months in MOLENDINAR, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 2.23% growth over a ten-year period. It ranks 2983rd on our list of suburbs that property investors should look into.

MOLENDINAR, 4214 has a capital gain of 3.75% for the past year, which is higher than average compared to its 9.6% growth within a five-year period.

With the median home price in MOLENDINAR sitting at $622,500, and the average rent at $597.5, property owners could potentially earn a 4.99% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MOLENDINAR are low, as opposed to average gains per annum over the past five years.

MOLENDINAR, 4214 in QLD belongs to the local government area of Gold Coast (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $622,500 $310,000
GROWTH REPORT
Median Quarterly 0.28% -5.34%
Median 12 month 3.75% 4.2%
Median 3 years 4.1% 7.27%
Median 5 years 9.6% 5.08%
10 years average annual 2.23% 1.16%
Weekly media advert. rent $597.5 $385
Time on Market 47.9 days 63.9 days
Gross Rental Yield Percent 4.99% 6.46%
demographics (median values)
Total Population
5605
Weekly Household Income
1079
Household Size
2.90
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