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Molendinar is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience, making it a lovely place to call home. Nestled on the Gold Coast, it provides a peaceful atmosphere while still being within easy reach of the vibrant attractions and amenities of the area. The suburb is known for its welcoming community vibe, which is particularly appealing to families. With its leafy streets and family-friendly neighborhoods, Molendinar is a place where children can grow up in a safe and nurturing environment.

For those who enjoy an active lifestyle, Molendinar offers plenty of opportunities to explore the outdoors with nearby parks and green spaces. The suburb's proximity to the coast means that beach outings are just a short drive away, providing endless options for weekend adventures. While Molendinar may not have the bustling nightlife of some inner-city areas, it compensates with a strong sense of community and a quieter lifestyle that many find appealing.

Families will appreciate the presence of quality educational institutions, making it an ideal location for those with school-aged children. Safety is generally not a major concern, contributing to the suburb's appeal as a family-friendly area. However, one trade-off of living in Molendinar is that it may not offer the same level of excitement or cultural activities as more central locations. Nonetheless, its strategic location provides easy access to major roads and public transport, ensuring that residents can enjoy the best of both worlds.

Living in Molendinar can be considered quite costly, especially when you take into account the current property market. The median house price in this suburb is a hefty $1,090,000, while units are more affordable at a median price of $359,250. If you're thinking of renting, houses average about $850 per week, and units are around $610 per week. These figures indicate that housing costs are a significant expense for residents.

Comparing this to the average wage in the Gold Coast, which is $91,000 per year, it's clear that a substantial portion of one's income would need to be allocated towards housing in Molendinar. The median total household income in the area is $1,767 per week, which suggests that while some residents may find it manageable, others might feel the financial strain, especially if they are earning around the average wage.

Overall, while Molendinar offers a convenient location and access to the amenities of the Gold Coast, the cost of living, particularly in terms of housing, is on the higher side. If you're considering making Molendinar your home, it's important to evaluate your financial situation to ensure it aligns with the expenses associated with living in this suburb.

Molendinar is shaping up to be an attractive suburb for investment, especially given its recent performance in the property market. Over the last 12 months, the median house value in Molendinar has increased by an impressive 15.1%, while units have also seen a significant rise of 13.2%. This upward trend in property values suggests a strong demand in the area, making it a promising location for potential investors looking for capital growth.

While the rental market for houses has remained stable with no change over the past year, units have experienced a remarkable 19.0% increase in rent. This surge in rental prices for units indicates a growing demand from renters, which could be appealing for investors seeking rental income. The combination of rising property values and strong rental growth for units positions Molendinar as a suburb with solid investment potential.

Overall, Molendinar offers a compelling mix of capital appreciation and rental yield, particularly for units. Its recent market performance highlights its potential as a suburb worth considering for those looking to invest in the real estate market. With its promising growth trends, Molendinar could be a smart choice for investors aiming to capitalize on both property value increases and rental income opportunities.