Molendinar vs Ashmore

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

Buying in Molendinar or Ashmore?

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Molendinar and Ashmore side by side

MeasureMolendinarAshmore
Price and market
Median house$1,020,000$1,050,000
Median unit$590,000$632,750
Renting
House rent$800/wk$850/wk
Unit rent$450/wk$695/wk
Owner occupied63.0%70.0%
Renter occupied35.0%24.0%
Schools
Schools nearby2020
Average ICSEA10431056
Lifestyle and people
Walk score488
Transit score00
Bike score100100
Population6,45012,415
Median age3743
Climate
Annual rainfall1340 mm1377 mm
Mean max, January29.3°C29.2°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 (4/100 vs 88/100 ), 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).

Molendinar vs Ashmore: common questions

Is Molendinar or Ashmore 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 Molendinar or Ashmore 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, Molendinar or Ashmore?

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, Molendinar or Ashmore?

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.