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 › Myrtle Ave
$585,000
Last sold
11 June 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
520 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
$585,000
11 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Ormeau (last 5 years) with land size have a median of $1,236/m² of land (n=115). 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
-49.6%
Median sale
Suburb $1,160,000
+3.55 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 OrmeauIdeal for young families seeking versatile space as well as investor's wanting an easy portfolio boost, this move-in ready single level home delivers on every level! Nestled in a quiet, yet ultra convenient pocket of Ormeau, a low-maintenance interior and contemporary design brings enviable liveability with the care-free element you want!
A neat modern facade opens to a superior family-friendly design with multiple living zones and space available within the single level layout. Crisp tiled floors and a neutral palette bring superb low-maintenance and welcoming light-filled ambience throughout the open-plan lounge and dining, complete with reverse cycle air-conditioning and indoor/outdoor flow. Ideal for separation and flexibility when desired, a second lounge/media room is also air-conditioned for assured comfort. Impressive in timeless style, the central kitchen ensures that every demand has been stylishly catered to, providing surplus storage, tiled splash back and stainless appliances. A huge amount of bench space, including breakfast bar, adds superb functionality to everyday living.
Outdoor living beckons with an alfresco patio privately positioned at the rear, covered for all-weather use. There is direct flow into the backyard, completely fenced, and providing excellent space for children and pets to spread their wings.
Four bedrooms with ceiling fans provide private retreat, three including built-in wardrobes and one privately positioned for added versatility as a home office if preferred. The master enjoys the added perks of a walk-in robe and private contemporary ensuite whilst the main bathroom matches in style with separate bath and shower. Additional features include a spacious laundry and double remote garage.
Enhancing superior liveability, this location delivers superb access to a wide range of amenities including local shops, bus, schooling options and parkland. Primary schooling and a fenced dog park are within quick walking distance with everything else you need a short drive away. In addition there is easy access to both rail and the M1 for extended commuting requirements.
- 520m2
- Move-in ready single level in contemporary style
- Open-plan air-conditioned lounge and dining with second, separate lounge room
- Large kitchen with brilliant storage, stainless appliances and expansive bench space
- Covered rear alfresco leading to fenced backyard
- Four bedrooms; three including built-in wardrobes
- Master including walk-in robe and private ensuite
- Contemporary family bathroom with separate bath and shower
- Separate laundry
- Double remote garage
- Walk to dog park and primary school
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.