SOLD
Sold on 13 Aug 2024 for $872,000

1 Verdelho Way
Molendinar QLD 4214

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 631m2
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Property Details for 1 Verdelho Way, Molendinar

Building Type
Land
Year Built
1986
Floor Size
91m2
Land Size
631m2
Local Government
Gold Coast City
Lot/Plan
87/RP206227

Last Listing description (February 2015)

SOLID HOUSE CLOSE TO UNIVERSITY HOSPITAL
THIS BRICK AND TILE HOUSE ON A FLAT FULLY FENCED BLOCK IS IN A GREAT LOCATION JUST A SHORT DISTANCE TO THE UNIVERSITY AND THE HOSPITAL. FEATURING 3 BEDROOMS, 1 BATHROOM, A GENEROUS LIVING AREA AND A CARPORT. BE QUICK! FREQUENTLY ASKED QUESTIONS, ARE PETS ALLOWED AT THIS PROPERTY? YES, UPON APPLICATION. DO I HAVE TO PAY FOR WATER SUPPLIED TO THIS PROPERTY? YES DO I HAVE TO MAINTAIN THE LAWNS AND GARDENS? YES. THERE IS ALSO AN OPTION TO PAY $20 PER WEEK MORE AND HAVE LAWN MAINTENANCE INCLUDED. DO I HAVE TO MAINTAIN A POOL? NO, NONE ONSITE. IS THE PROPERTY FURNISHED OR UNFURNISHED? UNFURNISHED. WHAT IS THE LEASE TERM OFFERED? 6 MONTHS OR LONGER. PLEASE DO NOT USE THE ONLINE APPLICATION FEATURE AS WE CANNOT PROCESS APPLICATIONS WITH THE COMPUTER GENERATED SIGNATURE. PLEASE CONTACT THE AGENT TO VIEW THE PROPERTY AND APPLY.

Property History for 1 Verdelho Way, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$872,000
13 Aug 2024
Listed for Rent
$500/w
13 Aug 2022
  • 13 Aug 2024
    Sold for $872,000
  • 11 Jul 2022
    Sold for $650,000
  • 16 Feb 2015
    Listed for Rent $395 / week
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About Molendinar 4214

The size of Molendinar is approximately 7.7 square kilometres. It has 15 parks covering nearly 7.2% of total area. The population of Molendinar in 2011 was 6,213 people. By 2016 the population was 6,379 showing a population growth of 2.7% in the area during that time. The predominant age group in Molendinar is 20-29 years. Households in Molendinar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Molendinar work in a professional occupation. In 2011, 61.1% of the homes in Molendinar were owner-occupied compared with 59.9% in 2016.

Molendinar has 3,398 properties. Over the last 5 years, Houses in Molendinar have seen a 73.14% increase in median value, while Units have seen a 90.51% increase. As at 31 October 2024:

  • The median value for Houses in Molendinar is $1,102,619 while the median value for Units is $654,436.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 13 properties listed for sale, and 12 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Molendinar.

Suburb Insights for Molendinar 4214

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.