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 › Morrell Ct
$760,000
Last sold
20 Dec 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
726 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
$760,000
20 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Ormeau (last 5 years) with land size have a median of $1,243/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.
Vs Ormeau
-34.5%
Median sale
Suburb $1,160,000
+1.90 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 OrmeauEndearing itself to years of happy memories and the setting of idyllic childhoods, this classic family home is perfectly poised within a quiet, cul-de-sac and provides everything desired for easy family living! Enjoying the perfect location close to a large array of amenities, it's also within walking distance to primary schooling, parkland and public transport!
Presenting with welcoming street appeal and green easy-care landscaping, you'll love the quintessential family lifestyle available within! Reverse cycle air-conditioning provides year round comfort throughout the spacious open-plan layout; large lounge, light-filled dining and spacious family room providing great living versatility within the freshly painted interior. Fantastic storage frames the generously sized kitchen, also including stainless appliances, generous bench space and breakfast bar seating. Ready to serve for years to come, there is also opportunity to add value with a modern upgrade if you desire.
Sure to be the setting for numerous BBQ's, a large covered patio is available for the best of alfresco living and relaxation with picture perfect childhoods sure to be realised in the adjacent fully fenced backyard. Low-maintenance landscaping frames the yard, where there is also ample space to install a pool if desired.
Four well-scaled bedrooms are available, each including built-in storage and new carpet. The air-conditioned master benefits from a walk-in robe and private ensuite with a second full sized bathroom offering great family-friendly service for the remainder of the house. Additional features include a separate laundry with storage, garden shed, ceiling fans and double remote garage.
Within a popular pocket of Ormeau, enjoy being within walking distance to Norfolk Village State School, parkland, bus stop and meandering bike paths. In addition there is easy access to a large range of shops and business services with both rail and the M1 readily accessible. Sure to fulfil the desires on many wish list, be it families or investors, you'll need to be quick or miss out!
- 726m2
- Freshly painted single level
- Expansive open-plan layout with air-conditioned family room, dining and lounge
- Spacious kitchen with great storage, stainless appliances and great bench space
- Large covered outdoor entertaining flowing to fenced backyard with room for a pool
- Four built-in bedrooms with new carpet
- Air-conditioned master including walk-in robe and ensuite
- Family bathroom with separate bath and shower
- Separate laundry with storage/garden shed/ceiling fans
- Double remote garage
- Walk to Norfolk Village State 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.