SOLD
Sold on 29 May 2024 for $1,150,000

49 Crestwood Drive
Molendinar QLD 4214

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 193m2
Land area: 490m2
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Property Details for 49 Crestwood Dr, Molendinar

49 Crestwood Dr, Molendinar is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 490m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Molendinar in the last 12 months.

Building Type
House
Year Built
2002
Floor Size
193m2
Land Size
490m2
Local Government
Gold Coast City
Lot/Plan
842/SP116680

Last Listing description (July 2024)

Situated in 'Crestwood Heights' this architecturally designed family home has room for the whole family. With its prime location and promising potential for both immediate returns and long-term growth, this property is poised to be a great addition to your investment portfolio or move your family in. Being within minutes to the Gold Coast University Hospital, G:Link light rail and within walking distance to bus stops and 'Crestwood Plaza', the location is ideal.

This property features:
- Four bedrooms upstairs & one down, all with built in wardrobes

- Master with ensuite & an additional two bathrooms, one upstairs and the other downstairs for convenience
- Gorgeous high ceilings combined with sky high windows creating a welcoming living area
- Spacious kitchen with dishwasher and breakfast bar
- Separate dining room which flows out onto your large entertaining patio
- Double automatic lock up garage with internal access

Rooms are currently rented individually with a return of approx. $1140 pw & there's the opportunity to increase income. Approx. outgoings: GCCC rates $2,415 pa, water $2,500 pa Other features include: Low maintenance yard and gardens Garden shed Solar panels Side access Grand entrance foyer Ceiling fans and security screens Leases are periodic, if you want to move your family in, you can. Or, if you want to take advantage of the lucrative rental market from a property within walking distance of Griffith Uni & hospital, this is a golden opportunity. A great family home or the perfect investment property!

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Property History for 49 Crestwood Dr, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$1,150,000
29 May 2024
Listed for Rent
$490/w
17 Jul 2009
  • 29 May 2024
    Sold for $1,150,000
  • 14 Nov 2023
    Listed for Sale Interest Above $1,150,000
  • 18 Aug 2010
    Sold for $525,000
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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 3,399 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 16 properties listed for sale, and 12 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Molendinar.

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