Ormeau Hills at a glance
4,858
People
$1,095,000
Median sale
$814/wk
Median rent
3.87%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Ormeau Hills › Elvire St
$1,039,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
400 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,039,000
Asking · $2,598/m² of land
No recorded sale for this property.
Ormeau Hills at a glance
4,858
People
$1,095,000
Median sale
$814/wk
Median rent
3.87%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Ormeau Hills
-5.1%
Median sale
Suburb $1,095,000
+0.20 pp
Gross yield
Suburb 3.87%
Suburb median $1,095,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$48,220 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Ormeau Hills's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $814/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Ormeau Hills at a glance
4,858
People
$1,095,000
Median sale
$814/wk
Median rent
3.87%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist QLDThe Belinda Beekman Team proudly presents 10 Elvire Street, Ormeau Hills—a beautifully maintained Plantation Homes residence combining contemporary style, quality finishes and an easy-care lifestyle in one of the suburb's most desirable family-friendly pockets. Designed for relaxed everyday living, the home features a practical floorplan where the open-plan kitchen, living and dining area forms the heart of the home, seamlessly connecting to the covered outdoor entertaining area through oversized glass doors. Hybrid timber-look flooring, a timeless neutral palette and striking dark walnut gloss cabinetry create a sophisticated feel, while the designer kitchen is both stylish and functional, complete with a large stone island bench, walk-in pantry, freestanding oven, quality appliances and ample storage. Outside, the covered alfresco overlooks landscaped gardens and an easy-care astro turf yard, creating the perfect setting to entertain family and friends or simply enjoy a quiet afternoon, all without the upkeep of a large garden.
Offering four well-appointed bedrooms, the home has been thoughtfully designed to provide comfort and practicality for families of all stages. The privately positioned master suite includes a walk-in robe and modern ensuite, while the remaining bedrooms feature built-in robes and are serviced by the family bathroom. A separate laundry, double remote garage and the quality craftsmanship synonymous with Plantation Homes further enhance the home's appeal. Positioned just moments from local parks, schools, shopping centres, public transport and convenient M1 access, this is a home that delivers modern living, low-maintenance convenience and a lifestyle you'll love coming home to.
Features Include:
• Contemporary kitchen featuring a large stone island bench, dark walnut gloss cabinetry, walk-in pantry, freestanding oven, gas cooktop, double sink and ample storage
• Open-plan, air-conditioned living and dining area with large sliding doors opening seamlessly to the outdoor entertaining area
• Covered, tiled alfresco patio overlooking the low-maintenance backyard
• Oversized master suite with a walk-in robe and ensuite featuring a double vanity, shower and toilet
• Three additional carpeted bedrooms, all with built-in robes, ceiling fans and blinds
• Main bathroom with bathtub, separate shower and single vanity
• Separate toilet
• Laundry with direct external access via a walk-through to the side of the home
• Double remote garage
More…
• Built by Plantation Homes in 2018
• Low-maintenance 400m2 block
• Astro turf backyard for easy-care living
• Hybrid timber-look flooring throughout the main living areas
• Contemporary light grey colour palette throughout
• Concrete pathways on both sides of the home with gated side access
• Gas hot water system
• Council Rates approx. $2400 per year
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Belinda Beekman, Area Specialist QLD — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.