Ormiston at a glance
7,054
People
$1,340,000
Median sale
$780/wk
Median rent
3.03%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
QLD › Ormiston › Bainbridge St
$1,095,000
Last sold
8 Aug 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
871 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
$1,095,000
8 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Ormiston (last 5 years) with land size have a median of $1,985/m² of land (n=109). Districts calculation from recorded sales — not a valuation.
Ormiston at a glance
7,054
People
$1,340,000
Median sale
$780/wk
Median rent
3.03%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Ormiston
-18.3%
Median sale
Suburb $1,340,000
+0.67 pp
Gross yield
Suburb 3.03%
Suburb median $1,340,000 from 32 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 $780/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
Ormiston at a glance
7,054
People
$1,340,000
Median sale
$780/wk
Median rent
3.03%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Freedom PropertyVery Rarely do lowset homes become available this close to the water in Ormiston and this property ticks all the boxes. Situated on an elevated block only a two minute walk to the Raby Bay Esplanade Park which offers a play ground, outdoor gym, bike track not to mention the sparkling waters of Moreton Bay. Launch your Kayak, throw in a line or have a bbq taking in the views of the water, the lifestyle on offer here is unparalleled.
This sturdy, brick lowset home has multiple living spaces to allow for privacy when needed and its high ceilings and abundance of glass on the eastern side make for a light filled, open and airy space to enjoy the bay breezes all year round. With the master bedroom off-set from the rest of the bedrooms, its the ideal home for a family. The massive open plan kitchen and living room area flows seamlessly to the the al fresco to make entertaining family and friends a pleasure. Couple this with the fact the home sits on an 871m2 corner block, the future potential is massive.
Location is key with this property. You have a local cafe and restaurant a stroll across the road and access to Cleveland town centre and Raby Bay Harbour with its abundance of dining options only a 10 minute walk via Nautilus Drive. There is a multitude of prestigious schools within a 1.5km radius including the renowned Ormiston College as well as a loads of local shopping options within a 5 minute drive..
- Lowset 4 Bedroom Home with High Ceilings
- Elevated 871m2 corner block
- Close to prestigious schools
- 2 minute walk to Raby Esplanade Park
- 5 minute drive to Cleveland Town Centre
- 10 minute walk to Raby Bay Harbour
- Bluechip Ormiston location
- Subdivision potentail STCA
Call to inspect with The Luke Nel team today
Listing description written by Luke Nel, Freedom Property — 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.