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 › Preston St
$830,000
Last sold
9 June 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
313 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
Last sold
$830,000
9 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Ormeau Hills (last 5 years) with land size have a median of $1,883/m² of land (n=157). Districts calculation from recorded sales — not a valuation.
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
-24.2%
Median sale
Suburb $1,095,000
+1.23 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.
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.
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 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 Blac Property GroupWelcome to 15 Preston Street, a beautifully appointed home that blends comfort, space, and family-focused living in one of the area's most connected and community-driven pockets of the Ormeau Ridge Estate. Surrounded by parks, playgrounds, and open green space, this is a home where every member of the family can thrive.
Set on a low-maintenance block, the home boasts a thoughtful floor plan with four generously sized bedrooms, multiple living areas, and a covered outdoor entertaining space-ideal for families who value functionality and lifestyle in equal measure.
The open-plan kitchen, living and dining zone is filled with natural light and anchored by a modern kitchen featuring stone benchtops and stainless steel appliances. Whether you're entertaining or enjoying a quiet meal at home, this is a space that works beautifully every day.
A separate media room or formal lounge offers flexibility for movie nights, a home office, or a quiet retreat, while the air-conditioned main living area ensures comfort year-round. All bedrooms include built-in wardrobes with mirrored doors and ceiling fans, while the master bedroom enjoys a private ensuite.
Step outside and you'll find a covered patio and low-maintenance backyard-perfect for weekend BBQs or simply relaxing with family.
Key Features
• 4 spacious bedrooms, all with built-in mirrored robes and ceiling fans
• Master bedroom with ensuite
• Modern kitchen with stainless steel appliances and stone benchtops
• Air-conditioned family and dining area
• Separate formal lounge/media room
• Main bathroom with separate toilet
• Covered outdoor entertaining area
• Double remote-control garage with internal access
• Security screens throughout
• Low-maintenance landscaped garden
Location Highlights:
• Just steps to a fully equipped local park with tennis courts, basketball hoops, cricket nets, swings, slides, and even a golf driving area
• Close to Hilltop Park, walking trails, and open green space
• Minutes to local schools, shopping, childcare, and medical facilities
• Easy access to the M1, making commuting to Brisbane or the Gold Coast a breeze
• Surrounded by established homes in a quiet, family-friendly street
Whether you're upsizing, downsizing, or investing, 15 Preston Street offers a rare blend of lifestyle, space, and location in a tightly held community.
Contact Raj on 0478 921 878 or Antony on 0488 707 648 today to arrange an inspection or visit us at the next open home!
Disclaimer:
All care has been taken to ensure accuracy in marketing this property. However, photography, digital enhancements, and written descriptions are for illustrative purposes only. Prospective buyers are advised to undertake their own independent enquiries to satisfy themselves of the property's features.
This property is advertised for sale without a price and as such, a price guide cannot be provided.
The website may have filtered the property into a price bracket for website functionality purposes.
Please do not make any assumptions about the sale price of this property based on website price filtering.
Listing description written by Ayngaran Rajmokan (Raj), Blac Property Group — 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.