Ashmore vs Molendinar

Molendinar (median $1,020,000) is roughly 3% cheaper to buy into than Ashmore ($1,050,000).

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Ashmore and Molendinar side by side

MeasureAshmoreMolendinar
Price and market
Median house$1,050,000$1,020,000
Median unit$632,750$590,000
Renting
House rent$850/wk$800/wk
Unit rent$695/wk$450/wk
Owner occupied70.0%63.0%
Renter occupied24.0%35.0%
Schools
Schools nearby2020
Average ICSEA10561043
Lifestyle and people
Walk score884
Transit score00
Bike score100100
Population12,4156,450
Median age4337
Climate
Annual rainfall1377 mm1340 mm
Mean max, January29.2°C29.3°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Ashmore scores higher on walkability (88/100 vs 4/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ashmore (1056) sits above Molendinar (1043).

For buyers
Molendinar is the lower entry point at $1,020,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Ashmore offers the higher gross rental yield (4.21% vs 4.08%), favouring cash-flow investors.
For families
Ashmore edges out on average school ICSEA (1056 vs 1043).

Ashmore vs Molendinar: common questions

Is Ashmore or Molendinar cheaper to buy in?

Molendinar has the lower median house price at $1,020,000, roughly 3% below Ashmore ($1,050,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Ashmore or Molendinar have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ashmore scores 1056 vs 1043 in Molendinar. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Ashmore or Molendinar?

Ashmore scores 88/100 on walkability vs 4/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Ashmore or Molendinar?

Gross rental yield on houses is 4.21% in Ashmore vs 4.08% in Molendinar. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.