AREA REPORTS

Ormeau Hills

Suburb Profile

Ormeau Hills - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4208

house

A steady increase in median property prices over a five-year period in the suburb translates to a 10.18% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $525,000

The augmented property values in the suburb are trailing above the territorial average of 2.4% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $510.

Home owners selling their properties and realtors in ORMEAU HILLS usually have to wait an average of 93.6 days days before their assets are lifted off the market.

The QLD suburb ranks 247th on the list of best yielding suburbs for rental properties in QLD, posting a 5.05% return.

It also places places 534th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 N/A
GROWTH REPORT
Median Quarterly -0.94% N/A
Median 12 month 5.02% N/A
Median 3 years 10.18% N/A
Median 5 years 14.63% N/A
10 years average annual 1.05% N/A
Weekly media advert. rent $510 N/A
Time on Market 93.6 days N/A
Gross Rental Yield Percent 5.05% N/A
demographics (median values)
Total Population
795
Weekly Household Income
1532
Household Size
3.10
demographics
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