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 › Parnell St
$790,000
Last sold
2 May 2024
4
Bedrooms
1
Bathrooms
1
Car spaces
405 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
$790,000
2 May 2024 · 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
-41.0%
Median sale
Suburb $1,340,000
+2.10 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 PropertyNestled in a sought-after location in Ormiston, this property offers more than just a home; it presents an opportunity. Whether you're an astute investor seeking lucrative returns or a family craving versatile living arrangements, this residence ticks all the boxes. Positioned in an ideal location, convenience is at your doorstep with schools, shops, and everything you will need just moments away. This cherished home has been meticulously maintained by its owners for the past 16 years. Recent enhancements include the installation of fresh Colorbond fencing, a roof restoration, upgraded guttering, and the addition of a new oven and cooktop, ensuring modern comfort and longevity for the property.
As you approach, the fully fenced yard exudes security and privacy, setting the stage for serene moments in the covered gazebo area. The property offers a secure lock-up garage, ensuring that your vehicles are safely housed and providing peace of mind. The property features low-maintenance gardens, offering both aesthetic appeal and ease of upkeep for busy homeowners.
Step inside, and you're greeted by an abundance of natural light, accentuating the spaciousness of the interior. The kitchen beckons with ample cabinetry, complemented by an electric cooktop for culinary enthusiasts. Privacy is paramount with vertical block-out blinds adorning the windows, while year-round comfort is assured thanks to split-system air conditioning and ceiling fans throughout.
Boasting three bedrooms and a main bathroom, this home caters to the needs of a growing family. But it doesn't end there; a studio presents the perfect opportunity for dual living arrangements or a teenager's haven with acoustic paneling for sound proofing. Complete with its own spacious layout and air conditioning, it offers flexibility and independence.Adjacent to the studio, an additional covered area provides the perfect spot for unwinding and relaxation.
Venturing beyond the property, a world of convenience awaits. A short stroll leads to the local park, ideal for leisurely weekends. Commuting is a breeze with the train station a mere 4-minute drive away, and a bus stop conveniently located at the end of the street. For entertainment and retail therapy, Cleveland Central and Raby Bay Harbour beckon just minutes from your doorstep. Education options abound, with esteemed schools such as Ormiston College and Wellington Point State School within a 10-minute drive, ensuring the educational needs of your family are well-catered for.
- Perfect for investors in a great location
- Kitchen offers ample storage space
- Vertical block out blinds throughout
- Split system air conditioning and ceiling fans
- Three bedrooms and bathroom
- Studio ideal for guests or teenagers retreat
- Local schools and parks are within easy reach
- Cleveland and Raby Bay are a short drive away
Call Joel Stephenson & Josh Sherwood today!
Listing description written by Joel Stephenson, 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.