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.
$940,000
Last sold
24 June 2024
6
Bedrooms
2
Bathrooms
2
Car spaces
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
$940,000
24 June 2024 · derived via latest_sale
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
-29.9%
Median sale
Suburb $1,340,000
+1.28 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 LJ Hooker - Property CentreWelcome to 37 Albert Street, a meticulously designed dual-living home that seamlessly blends functionality with the charm of coastal living. Situated in the peaceful neighborhood of Ormiston, this residence promises comfort and versatility, making it an ideal choice for families or investors seeking a property with multiple living options.
Key Features:
• Genuine Dual Living: This home features six bedrooms with lockable internal doors, perfect for privacy and flexibility. The layout can function as two separate 3 bed 1 bath 1 car with a living space or as a unified 6 bed 2 bath 2 car family home.
• Separate Amenities: Each dwelling unit is equipped with its own metered electrical system and separate hot water systems.
• Superior Soundproofing: Enjoy peace and quiet in your abode with sound-dampening insulation throughout.
• Drive-Through Access: Side access with a drive-through capability leading to the rear of the property. Enough room for a boat or caravan.
• Outdoor Entertainment: Multiple separate entertaining areas, including a private shed for additional outdoor leisure or storage.
• Strategic Location: Just a short stroll to the esteemed Ormiston College, known for its excellent educational standards. Enjoy proximity to local cafes, parks, and the vibrant Raby Bay Harbour precinct for all your dining and shopping needs.
• Tranquil Setting: Positioned within a serene locale with easy access to the seaside pleasures of Moreton Bay.
Prime Location:
• Educational Excellence: Near top-rated schools including Ormiston College, catering to both primary and secondary education needs.
• Transport Convenience: Effortless access to bus and train routes, ensuring easy commutes to Brisbane CBD and beyond.
• Lifestyle and Leisure: Close to Cleveland CBD and Stradbroke Island ferries, perfect for weekend adventures. Nearby parks and the exclusive Raby Bay Harbour offer ample recreational opportunities.
Discover the Potential:
Whether considering it as a dual investment opportunity or a substantial family home, 37 Albert Street offers flexible living arrangements in a coveted locale. The unique features of this property, combined with its prime position in Ormiston, make it a highly desirable home.
Reliability of Information:
All details provided are sourced from reliable information; however, we advise prospective buyers to conduct their own due diligence to verify the specifics of the property.
Listing description written by James and Graeme Carmichael, LJ Hooker - Property Centre — 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.