62 Panache St, Molendinar is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 608m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Molendinar in the last 12 months.
Whether you're a savvy investor looking for a rental in a suburb with proven growth, or an owner occupier ready for a renovation project, 62 Panache Street offers a rock solid foundation with serious upside.
Set on a flat, usable 608m block, this property is a textbook "renovator's delight" featuring solid brick walls, good bones and space that can make for a rewarding transformation.
This property is a 3 bed, 1 bath home with a double carport. It's currently leased at $700/week until October 2026, providing immediate holding income while you finalise your plans.
Whether you intend to strip it back and renovate for a primary residence or hold it for the long term, the logic is supported by the data. Molendinar has seen an 11.4% jump in median rental prices over the last 12 months with increasing demand.
The block is the standout feature. It's flat, functional, and offers plenty of space for a pool or a massive outdoor extension. This is an entry level opportunity to get into a high demand market and build genuine equity through a renovation.
The Numbers:
608m2 flat, usable land
Currently leased at $700pw until 08 October 2026
Rates: $1,436.24 (Jan 26 - June 26)
Water: $440.03 (Last quarter)
NBN: HFC (Hybrid Fibre Coaxial) available per seller disclosure
It's got the bones, it's got the land, and it's priced for someone to take it to the next level.
For further details, contact Tyler Smith.
Disclaimer: PRD Ashmore 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 buyers should make their own enquiries to verify the information contained herein.
The size of Molendinar is approximately 7.7 square kilometres. There are 15 parks, covering nearly 7.2% of the total area. The population of Molendinar in 2016 was 6375 people. By 2021 the population was 6450 showing a population growth of 1.2% in the area during that time. The predominant age group in Molendinar is 40-49 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 2021, 63.00% of the homes in Molendinar were owner-occupied compared with 59.90% in 2016.
Molendinar has 3,404 properties. Over the last 5 years, Houses in Molendinar have seen a 79.86% increase in median value, while Units have seen a 149.02% increase. As at 31 May 2026:
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