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.
$1,100,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
748 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
Asking
$1,100,000
Asking · $1,471/m² of land
No recorded sale for this property.
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
-5.2%
Median sale
Suburb $1,160,000
+0.20 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.
$52,007 on top of the price (4.7% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Ormeau's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 JMO Property GroupMORGAN OLIVER AND THE JMO TEAM PROUDLY PRESENT: to 3 Merlin Place, Ormeau. A beautifully maintained family home offering 248m² of spacious living on a generous 748m² allotment. Built in 1999, this well-appointed residence combines multiple living areas, modern updates, and exceptional outdoor entertaining, making it the perfect choice for growing families seeking both comfort and functionality.
Designed with everyday living in mind, the home boasts multiple spacious living zones, including an open plan living and dining area that seamlessly connects to the well-equipped kitchen, along with a separate lounge room providing the perfect retreat for relaxation or family movie nights. Timber laminate flooring flows throughout the living spaces, complemented by ceiling fans and split-system air conditioning to ensure year-round comfort.
The contemporary kitchen is both stylish and practical, featuring stone benchtops, a 600mm electric cooktop, under bench oven, built-in microwave, and ample cabinetry, making meal preparation and entertaining effortless.
Offering four generously sized bedrooms, the home provides plenty of accommodation for the whole family. The spacious master suite serves as a private retreat, complete with split-system air conditioning, ceiling fan, soft carpeting, and a beautifully renovated ensuite featuring floor-to-ceiling tiles, a timber vanity with feature lighting, shower, and toilet. Bedrooms two, three, and four are all fitted with built-in robes, ceiling fans, and carpet for added comfort.
The main bathroom is equally well-appointed with a vanity, bath, shower, and a separate toilet, perfectly catering to busy family living.
Step outside and enjoy the expansive undercover alfresco area positioned under the main roofline, complete with two ceiling fans, creating the ideal setting for year-round entertaining or relaxing with family and friends.
Additional features include security screens to selected doors and windows, window locks and deadlocks for added peace of mind.
Positioned on a generous 748m² block in a quiet, family-friendly location, 3 Merlin Place offers the perfect combination of space, comfort, and practicality. This is a fantastic opportunity to secure a quality family home in one of Ormeau's most established and sought-after neighbourhoods.
Features include:
- 248m² of spacious living on a generous 748m² allotment
-Built in 1999
- Four generously sized bedrooms
- Spacious master suite with split-system air conditioning, ceiling fan, carpet, and renovated ensuite featuring floor-to-ceiling tiles, timber vanity with feature lighting, shower, and toilet
- Bedrooms two, three, and four all include built-in robes, ceiling fans, and carpet
- Multiple living areas including an open plan living and dining area plus a separate lounge room
- Contemporary kitchen with stone benchtops, 600mm electric cooktop, under bench oven, built-in microwave, and ample storage
- Timber laminate flooring throughout the kitchen and living areas
- Split-system air conditioning to the master bedroom, living/dining area, and separate lounge
- Main bathroom complete with vanity, bath, shower, and separate toilet
- Undercover alfresco entertaining area under the main roofline with two ceiling fans
- Security screens fitted to selected doors and windows
- Window locks and deadlocks for added security
- Electric hot water system
- Quiet family-friendly location
Conveniently located:
3.9 km to Ormeau State School Catchment (Primary within catchment)
2.8 km to Ormeau Woods State High School (Secondary within catchment)
1.3 km to Livingstone Christian College (Prep – 12)
1.5 km to Toogoolawa School (Special Non-Government School)
2.0 km to Mother Teresa Primary School
4.3 km to LORDS (Prep – 12)
0.9 km to Ormeau Village Shopping Centre & Coles
1.7 km to M1 North on ramp
3.1 km to M1 South on ramp
4.5 km to Ormeau Train Station
6.7 km to Bunnings Pimpama
Contact Morgan Oliver, your trusted Ormeau Real Estate specialist at JMO Property Group today on (07) 5517 5282 or morgan@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 Morgan Oliver, 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.