Ormeau at a glance
17,614
People
$1,160,000
Median sale
$804/wk
Median rent
3.60%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
QLD › Ormeau › Pepperina Ct
$760,000
Last sold
6 Mar 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
749 m²
Land
177 m²
Building
Districts View
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
Last sold
$760,000
6 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Ormeau (last 5 years) with land size have a median of $1,243/m² of land (n=114). Districts calculation from recorded sales — not a valuation.
Ormeau at a glance
17,614
People
$1,160,000
Median sale
$804/wk
Median rent
3.60%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs Ormeau
-34.5%
Median sale
Suburb $1,160,000
+1.90 pp
Gross yield
Suburb 3.60%
Suburb median $1,160,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $804/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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 at a glance
17,614
People
$1,160,000
Median sale
$804/wk
Median rent
3.60%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker OrmeauThis spacious 4-bedroom home has a lot to offer. In a well-presented Court. You will find it's a nice quiet location close to a primary school, shops, sporting grounds and the local tavern.
Featuring spacious living areas, the home will certainly suit the larger family. With newly appointed appliances to the kitchen wtih a step-in pantry, it will certainly be a delight to cook up a storm. Two separate living areas and a large undercover entertaining area means there is plenty of room for everyone.
All bedrooms have built in wardrobes and the master has the ensuite hidden behind the mirrored doors that also lead to the walk-in robe.
This home comes complete offering the following features: -
• 4 Large bedrooms including master (with ensuite) and walk-in robe
• 2 bathrooms (including the ensuite)
• Spacious living areas
• Walk In Linen
• Large kitchen with new stove/cooktop/dishwasher
• Split system air-conditioning
• Ceiling fans throughout
• Large undercover alfresco area with access from the living and the master bedroom
• DLUG
• currently leased until July 2023
• The location of this home is in a prime Cul-de-sac position situated high in the street and within walking distance to Norfolk Village State School College and a short drive to nearby shops and the M1 motorway.
It is also:
• 6kms to Livingston Christian College
• 7kms to Ormeau Woods High School
• 10km to LORDS or Kings Christian
• 9kms to Ormeau Railway Station
• 54km to Brisbane Airport
• 63km to Gold Coast Airport
FOR INVESTORS ONLY: This home is tenanted at $450 per week until July 10th 2023. However, the vendors are offering investors a rebate of $150pw from settlement date to July 10th 2023 (lease expiry) to assist with the new lease rates. New lease with current rent rates can then be renewed after this date.
By Private Inspection Only.
Listing description written by Lisa Morris, LJ Hooker Ormeau — 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.