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 › Sturgeon St
$1,900,000
Last sold
1 May 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
1,342 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
$1,900,000
1 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
+41.8%
Median sale
Suburb $1,340,000
-0.90 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 Queensland Sotheby's International Realty BrisbaneNestled in the prestigious enclave of Ormiston, this residence is a testament to comfort and charm and meticulously maintained to ensure a sense of tranquillity and pride for its occupants. A secluded haven with a neat and tidy interior invites you to unwind and relax in style and has been cherished by the current owners for 33 years who embarked on an extensive search (over many years) to find a location as exceptional as this.
Boasting a commanding position this property offers sweeping views that are truly second to none. From its vantage point you can feast your eyes on the mesmerizing beauty of the bay, extending all the way to Cleveland Point, Stradbroke and Moreton Islands. Each day, wake up to a sympathy of colours painted across the horizon and all the activity of the boats providing an ever-changing backdrop to your life.
Sitting on a generous, beautifully landscaped 1342m2 block, there is ample space to realise your dreams and aspirations. Whether you envision creating a private outdoor oasis, expanding the existing living areas or build a new masterpiece, the possiblilites are limited only by your imagination. As the first time this property has been offered for sale in decades, it represents a rare chance to secure a piece of Ormiston's most coveted real estate.
Don't let this once in a lifetime opportunity pass you by. Contact us today for a private viewing or attend the open for inspection and experience the unparalleled beauty and serenity of 3 STURGEON ST, ORMISTON for yourself.
At a glance
• Sensational 1342m2 elevated block overlooking the bay
• Uninterrupted water views stretching far and wide
• Neat and tidy existing home
• Plenty of potential to renovate, extend or build a new contemporary masterpiece
• Walk to the train station, Ormiston College, Ormiston state primary school, restaurants and coffee shops
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Listing description written by Jan Goetze, Queensland Sotheby's International Realty Brisbane — 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.