Thinking about buying in Molendinar? Now could not be a better time, with 4247 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $915,000 with prices in this suburb ranging from $334,000 to $8,727,000. Molendinar is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Molendinar Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Molendinar due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Molendinar changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Molendinar requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Molendinar

	48 DELLWOOD CCT, MOLENDINAR, QLD, 4214	5	2	2	Offers Invited
	10 LILLYWOOD CCT, MOLENDINAR, QLD, 4214	4	2	4	Offers over $1,395,000
	20 BLAXLAND AV, MOLENDINAR, QLD, 4214	4	2		Contact Agent

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General Points of Interest

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