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Molendinar's #1 Agency 8 Years in a row.
With more than $400 million in property sales and more than $60 million under management, our experienced team are a good choice for your property. As a boutique, family run business we value personalised service above all else. Whether it's recommending a mortgage broker or helping you find you next home, its all part of our service.
Ashmore house prices are on the rise, so get in touch today for a free no obligation appraisal.
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Because we know our area back to front
Since 2014 Molendinar house prices have been on a sharp increase with the average house price growing by more than $125,000 in just a 24 month period from $400,000 to $525,000. Molendinar has had a very good year for property investment returns in comparison to the rest of QLD, giving investors a capital gain of 10.68% to date. Data for the last quarter indicates that, in the short term, the capital value growth rate for property investors in Ashmore has increased when compared to the 5 year average annual rate. Property investors should expect to get $510 weekly from the median priced house in this suburb.
House Sales 202
Average House Price $525,000
Median House Price $572,000
Median House Rental $510 p/w
Indicative Gross Yield 5%
Rental Rate Change up 18%
25 - 34 Years
35 -44 Years
Free standing House - 8854
Flat, Unit Or Apartment - 1138
Semi-Detached, Row, Terrace or Townhouse - 910
Caravan, Cabin, Houseboat - 84
House, Flat attached to shop - 4
Being Purchased - 1613
Fully Owned - 1336
Rented - 1119
Other Tenure Type - 84
Source: Australian Bureau of Statistics 2011