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 › Penneshaw Cres
$875,000
Last sold
13 Feb 2023
5
Bedrooms
2
Bathrooms
2
Car spaces
700 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
$875,000
13 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Ormeau (last 5 years) with land size have a median of $1,235/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
-24.6%
Median sale
Suburb $1,160,000
+1.18 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 OrmeauImmaculately presented and offering everything families desire, this stylish single-level is the ideal package! Positioned within a short stroll from primary schooling, parkland and bus, there is excellent outdoor entertaining, large caravan or boat storage and five bedrooms for growing families!
Manicured landscaping and an elevated position bring immediate appeal with the sophisticated hospitality continuing throughout the house. Tiled floors and air-conditioning underpin an open-plan family and meals whilst a second lounge and dining enjoy plantation shutters and a bay window. Recently upgraded with a modern coastal aesthetic, the kitchen boasts excellent storage, stainless appliances, brilliant bench space and breakfast bar seating. A handy entertainer's nook includes wine storage and is perfect for hosting guests!
Occupying a massive footprint and providing brilliant weather coverage, the large patio is the perfect alfresco extension of the home's living space and the ideal setting for hosting friends and family. There is a wonderful outlook over the fenced backyard as well as a shimmering mineral swimming pool, complete with waterfall feature!
Five plush bedrooms cater to large families with each including built-in storage and ceiling fans. The air-conditioned master has a private, well-appointed ensuite whilst the family bathroom matches in contemporary style and also includes a separate bath. Additional features include a separate updated laundry, solar electricity, plantation shutters, security screens, water tank, double remote garage and gated side access including large shade sail and tremendous space to cater to oversized boats or caravans.
Ideal for convenience, you can walk or ride to Mother Teresa Catholic Primary School, multiple parkland precincts and bus stops. There are additional schools just down the road as well as local shops, access to the M1 and Ormeau train station!
- 700m2
- Immaculate single-level with five bedrooms and contemporary upgrades
- Manicured street appeal and polished landscaping
- Open-plan family and meals plus separate lounge and dining all air-conditioned
- Upgraded kitchen including superb storage, stainless appliances and entertainer's bar
- Large covered outdoor entertaining overlooking fenced backyard
- Mineral in-ground swimming pool with waterfall feature
- Five carpeted bedrooms each with built-in wardrobes
- Air-conditioned master including walk-in robe and immaculate ensuite
- Family bathroom including separate bath and glass shower
- Separate upgraded laundry
- 8kw solar electricity/plantation shutters/security screens/water tank/double remote garage
- Gated side access with large shade sail and easy access
- Walk to Mother Teresa Catholic Primary School
Listing description written by Nicole Hintz, 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.