OFF MARKET

9 Lachlan Avenue
Molendinar QLD 4214

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 87m2
Land area: 652m2
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Property Details for 9 Lachlan Ave, Molendinar

9 Lachlan Ave, Molendinar is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 652m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1975
Floor Size
87m2
Land Size
652m2
Local Government
Gold Coast City
Lot/Plan
243/RP143400

Last Listing description (February 2021)

Welcome to 9 Lachlan Avenue, MOLENDINAR QL D. This family home offers 3 bedrooms, bathroom, kitchen and living areas upstairs. Downstairs offers self contained granny flat with full function kitchen with separate entrance and private fully fenced own backyard. With polished timber floors to lounge/dining and kitchen and carpet to the bedrooms. Extending from the lounge room is a large timber deck great for entertaining while overlooking a fully fence backyard for the kids to play in. Downstairs offers double lock up garage with plenty of storage space and a separate laundry room that exits to the backyard with stairs leading up to the deck.

PROPERTY INFORMATION

Gold Coast City Council Rates: $1,851* p.a. approx
Gold Coast City Water Rates: $1,429* p.a. approx
Body Corp: Nil
Built: 1970*
Current Rent: $620 per week until 25th Feb 2021
Gross ROI: 6.32%* (assuming $620pw* rent and PP of $510,000*)

* Denotes approximate value

A rare opportunity to purchase in a great family location, great investor opportunity or first home buyer.

If you wish to inspect this amazing property, please contact Brad Scott or Wayne Haase to arrange a private inspection, or simply come along to the displayed Open House Times.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

COVID-19 Update
- Please do not attend any inspections if have returned from overseas in the past 14 days, are unwell, elderly or have a compromised immune system.
- Please practice social distancing at all inspections to help minimise the spread of COVID-19.
- If you are unable to physically attend an inspection please contact us for other options we would love to assist you with a Facetime video or virtual tour.

Property History for 9 Lachlan Ave, Molendinar, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$525,000
23 Oct 2020
Listed for Rent
$600/w
23 Oct 2019
  • 23 Oct 2020
    Sold for $525,000
  • 13 Oct 2020
    Listed for Sale Offers above $525,000
  • 23 Jul 2019
    Listed for Rent - Price not available
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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.

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.