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
$835,000
Last sold
24 Feb 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
400 m²
Land
171 m²
Building
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
$835,000
24 Feb 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
-23.7%
Median sale
Suburb $1,095,000
+1.20 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.
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 JMO Property GroupThis great family home with presentation plus both inside and out, is located in an elevated position in Ormeau Hills close to Outlook Park with its renowned interactive children's play areas.
On offer is 171m2 of family living with four bedrooms and a large central living area which leads out onto an undercover alfresco area, plus there is plenty of room for you to add a swimming pool at a later date. This lovely home delivers the perfect combination of a flowing, functional layout making it the perfect home for family relaxation.
At the entry you will find the master bedroom which is well separated from the three other bedrooms towards the rear of the property. The spacious master bedroom offers an comfortable retreat complete with split air conditioning and ceiling fan ensuring your year-round comfort. A walk-through robe connects to the ensuite which offers a vanity, shower and the convenience of a separate toilet.
The remaining three bedrooms are generous in size and feature built-in robes plus ceiling fans. The main bathroom is ideally located to these bedrooms as well as the central living area and features a shower, bath and vanity and is complimented by a separate, adjacent toilet.
The massive main living area offers an open plan, kitchen dining and living area where all the family can gather and enjoy time together. The ultra-modern galley kitchen makes a modern minimalist statement with its dark cabinetry offset by the light stone bench tops. The kitchen features a 600mm gas cooktop, under bench oven, dishwasher, pantry and an island bench offering breakfast bar seating. Close by are the dining and living areas which ultimately lead out onto the tiled alfresco area and beyond to the backyard. Nothing but a blank canvas for you to curate your own private retreat. Add a swimming pool, children's play gym or even a veggie garden, just let your imagination run wild.
Rounding out the offerings in this great property are a double lock up remote controlled garage with walk through access to the dwelling as well as the back yard. A large internal laundry features a built-in linen cupboard and direct access to the clothesline.
If you are intending this to be an investment property, the indicative weekly rental income is $700-$750.
Set in a lovely location in Ormeau Hills, 16 Preston Street, is a must-see home on your inspection list for the family home that has it all.
Features include:
- 171m2 of comfortable living positioned on a level elevated 400m2 lot
- Master suite with ensuite and adjoining walk-through robe
- 4 bedrooms in total, 3 with built-in robes
- Large open plan central living area comprising the kitchen, living and dining opening onto the undercover alfresco
- Modern galley kitchen with 600mm gas cooktop, under bench oven, dishwasher, pantry and stone bench tops with breakfast bar seating
- Undercover alfresco area with tiled flooring
- 2 split air-conditioning systems located in master bedroom and living area
- Tiled flooring to main living areas with carpet to all bedrooms
- Main bathroom with a stone topped vanity, shower, bath and a separate toilet
- Vertical blinds throughout
- Linen cupboard located in laundry
- Remote double lock-up garage with walk-through access to the dwelling and back garden
- Gas instantaneous hot water
- Limited maintenance property and fully fenced
Conveniently located:
- 4.4 km to Ormeau State School Catchment (Primary within catchment)
- 5.4 km to Ormeau Woods State High School (Secondary within catchment)
- 4.2 km to Livingstone Christian College (Prep – 12)
- 4.1 km to Toogoolawa School (Special Non-Government School)
- 4.5 km to Mother Teresa Primary School
- 5.4 km to LORDS (Prep – 12)
- 3.3 km to Ormeau Village Shopping Centre & Coles
- 10 km to M1 North on ramp
- 9.1 km to M1 South on ramp
- 5.0 km to Ormeau Train Station
- 6.6 km to Bunnings Pimpama
Contact Rhyss Freeman, your trusted Ormeau Hills Real Estate specialist at JMO Property Group today on (07) 5517 5282 or rhyss@jmoproperty.com.au to register your interest.
Disclaimer:
Disclaimer: JMO Property Group has obtained the information presented herein from a variety of sources we believe to be reliable. The accuracy of this information, however, cannot be guaranteed by JMO Property Group and all parties should make their own enquiries to verify this information.
Listing description written by Rhyss Freeman, JMO 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.