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QLD › Ormeau › Banks Dr

37 Banks Dr, Ormeau QLD 4208

House

$690,000

Last sold

16 Mar 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

543 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $690,000 (16 Mar 2022).(Recorded sale)
  • FactLand 543 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ormeau (last 5 years) with land size: median $1,235/m² of land (n=114). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$690,000

16 Mar 2022 · derived via latest_sale

Local land rate: recorded House sales in Ormeau (last 5 years) with land size have a median of $1,235/m² of land (n=114). 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.

See the full Ormeau report →

Vs Ormeau

-40.5%

Median sale

Suburb $1,160,000

+2.46 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$690,00016 Mar 2022
  2. Listedprice unknowncompleted22 Feb 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ormeau in one glance

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.

See the full Ormeau report →

Keep researching

  • Why Ormeau? Read the area thesis →
  • What else is on the market in Ormeau →
  • Other records on Banks Dr →

Listing material

Listed by LJ Hooker Ormeau

SOLD BY KATH BARKER

Offering excellent location for those seeking streamlined, every day convenience, this family home also provides brilliant opportunity for first home buyers and those wishing to start or expand an investment portfolio. With a modern build offering enticing move-in ready provision, there is endless comfort within a central location delivering schools, shops and parkland!

Set on a single level with classic street appeal, a spacious open-plan interior expands on tiled flooring with great natural light emanating throughout. Perfect for versatile family use, there is a generously-sized, air-conditioned lounge and dining as well as an additional carpeted family room at your disposal. Providing modern features in a timeless palette, the kitchen includes great cabinetry storage, with stainless appliances, gas cooktop, tiled splash back and generous bench space; a centre island including handy breakfast bar seating.

Integrating indoors and out, a covered patio is perfect for outdoor entertaining, with plenty of space to host family and friends. There is direct flow into the large backyard, fenced for peace of mind and including brilliant space to install a pool if desired.

Read the full description

Privately set away from the living zones, four built-in bedrooms provide the formal accommodation; the air-conditioned master including a walk-in robe and contemporary ensuite. Matching in modern fit-out and including a separate bath and shower, the main bathroom provides excellent service to the remainder of the household and any guests. Additional features include a separate laundry with storage, water tank, ceiling fans and double remote garage.

Embrace the low-maintenance aspect of this beautiful home and enjoy weekends to the fullest! Nestled in a brilliant pocket of Ormeau, there is a plethora of shops, schools and services at your door with the popular Livingstone Christian College within walking distance. There is also quick access to bus, Ormeau train station and the M1 to handle all your commuting needs with ease!

- Contemporary single level with move-in ready interiors

- Open-plan, air-conditioned lounge and dining plus separate family room

- Modern kitchen with gas cooktop, stainless appliances and centre island with seating

- Covered outdoor entertaining flowing to large, fenced backyard

- Four built-in bedrooms with ceiling fans

- Air-conditioned master including walk-in robe and contemporary ensuite

- Stylish family bathroom with separate bath and shower

- Separate laundry with storage/water tank/ceiling fans

- Double remote garage

- Walk to Livingstone Christian College

This property is being sold without a price and therefore a price guide cannot be provided.

Listing description written by Kath Barker, LJ Hooker Ormeau — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Outdoor Entertaining
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.