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 › Reedmans Rd
$575,000
Last sold
8 Oct 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
601 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
$575,000
8 Oct 2021 · 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
-50.4%
Median sale
Suburb $1,160,000
+3.67 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 OrmeauPresenting the ideal opportunity for a quintessential family life, this flowing single-level home provides all the elements desired for move-in ready living! Positioned in a popular setting, just moments from parkland, shops and schools, it is the ideal opportunity for families looking to create lasting memories with scope to make it your own.
Set on a family friendly 601m2 block, there is ample space to enjoy free weekends with a low-maintenance aesthetic sure to please. Spaced within a flowing single-level layout, tiled and timber-styled floors provide easy care with contemporary appeal throughout spacious living areas perfect for family life. Reverse cycle air-conditioning maintains year round comfort within a large lounge and dining whilst an additional family room provides all-important living flexibility, in flowing open-plan layout. Centrally positioned, the large kitchen is set in a functional u-shaped footprint; excellent storage provision and an exceptional stretch of bench space including breakfast bar ready to handle family life with ease.
Step outside and extend your living alfresco style with a large covered patio providing excellent all-weather entertaining options. There is direct flow into the backyard, landscaped with tropical surrounds and fenced for added peace of mind. There is a huge front yard, also fenced for safety, and plenty of space for children and pets to spread their wings as well as brilliant scope to install a pool if desired.
Four built-in bedrooms each have ceiling fans; the air-conditioned master also including a walk-in robe and private ensuite with glass shower and great vanity storage. The family bathroom ensures convenience is first rate and includes a separate bath and shower. Additional features include a separate laundry, garden shed, solar electricity and double remote garage.
A popular pocket of Ormeau, you'll enjoy the position close to parkland with walking tracks and leafy reserve is ready to explore. There is a huge array of amenities within easy reach including sporting, dining and local shops as well as quick access to both primary and secondary schooling and major transport corridors delivering commuting ease!
- 601m2 block
- Single-level with family-friendly layout
- Open-plan, air-conditioned lounge and dining with second large family room
- Large kitchen with tremendous storage and expansive bench space with breakfast bar
- Covered rear alfresco entertaining area flowing to fenced backyard and large fenced front yard
- Four built-in bedrooms; air-conditioned master including walk-in robe and ensuite
- Family bathroom with separate bath and shower and terrific storage
- Separate laundry/solar electricity/garden shed/ceiling fans
- Double remote garage
- Walking distance to Livingstone Christian College
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.