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 › Success Cres
$510,000
Last sold
6 Mar 2021
4
Bedrooms
2
Bathrooms
4
Car spaces
510 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
$510,000
6 Mar 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
-56.0%
Median sale
Suburb $1,160,000
+4.60 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 OrmeauEmbraced by a convenient location within a highly desired Ormeau pocket, this spacious single-level home accommodates every family requirement! Move-in ready with low-maintenance design at the fore, enjoy the best of quintessential family living or an ideal investment opportunity.
Readymade for a busy family, a timeless street appeal is enhanced by low-maintenance landscaping and established greenery. Inside, a fluid flowing floor plan provides multiple living and dining zones in an open-plan layout encompassing spacious air-conditioned family and dining with a second large lounge for great versatility. Inclusive of everything necessary for a busy and demanding lifestyles, the kitchen boasts fantastic cabinetry storage, stainless appliances with tremendous bench space and breakfast bar enhancing the superb functionality.
Sliding doors open up to provide seamless transition to your covered alfresco zone - ideal for outdoor entertaining and relaxation! The covered area wraps around the side of the house accommodating the perfect BBQ zone whilst there is great vantage to oversee children or pets playing in the fully fenced backyard.
Well scaled for comfortable retreat, there are four carpeted bedrooms at your disposal - each providing built-in wardrobes and ceiling fans. The master also includes a walk-in robe and private ensuite with the second bathroom set in family friendly design including separate bath and shower. Additional features include water tank, garden shed, separate laundry, double remote garage and shaded driveway.
Nestled in a quiet street, enjoy safe surrounds with the added perk of having parkland, bus stop and bike tracks just a short walk away! Investment potential is enhanced by the convenience at your door with superb provisions including local schools, shops and sporting facilities alongside great transport options including rail.
* 510m2
* Open-plan air-conditioned living and dining on tiled floors
* Separate second lounge
* Large kitchen with superb storage, stainless appliances and expansive bench
* Covered, private outdoor entertaining
* Fenced backyard
* Four built-in bedrooms; master including walk-in robe and ensuite
* Family friendly main bathroom
* Separate laundry
* Water tank/garden shed
* Double remote garage and driveway with shade sails
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.