Molendinar Property Market Data 2019

Molendinar also known as Silver Bridle is a small, mainly industrial suburb west of Southport. The western boundary of the suburb follows the Pacific Highway.

On Monday 2 April 2012 an official dedication of the Lynne Richardson Community Centre was held by the Gold Coast City Council.

The area was a Queensland State Government project supported by the City of Gold Coast, with initial development beginning around 1969.

Information from Wikipedia (Molendinar) 10th December, 2019.

MARKET STATISTICS

The level of competition in a suburb can affect prices and availability

Supply and Demand in Molendinar

• 526 – Visits per property in Molendinar
• 399 – Visits per property in Queensland

Median House Prices

• Buy houses – $599,500 (Price data last updated 4th December, 2019)
• Rent houses – $593 PW (Rent data last updated 11th December, 2019)

Median Unit Prices

• Buy units – $306,350 (Price data last updated 4th December, 2019)
• Rent units – $380 PW (Rent data last updated 11th December, 2019)

Lifestyles and Demographics of Molendinar

The lifestyle of a suburb is often influenced by who lives there.

• 20.4% Established Couples & Families
• 15.5% Older Couples & Families
• 14.9% Maturing Couples & Families
• 12.0% Independent Youth
• 11.5% Maturing & Established Independence
• 8.4% Older Independence
• 5.5% Elderly Families
• 4.8% Elderly Singles
• 4.5% Young Families
• 2.6% Elderly Couples

(Information from realestate.com.au 12th December, 2019)

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