Ormeau Hills at a glance
4,858
People
$1,095,000
Median sale
$814/wk
Median rent
3.87%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
QLD › Ormeau Hills › Wollombi Ave
$640,000
Last sold
16 Jan 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
400 m²
Land
180 m²
Building
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
$640,000
16 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Ormeau Hills (last 5 years) with land size have a median of $1,897/m² of land (n=157). Districts calculation from recorded sales — not a valuation.
Ormeau Hills at a glance
4,858
People
$1,095,000
Median sale
$814/wk
Median rent
3.87%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Ormeau Hills
-41.6%
Median sale
Suburb $1,095,000
+2.74 pp
Gross yield
Suburb 3.87%
Suburb median $1,095,000 from 40 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 $814/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 Hills at a glance
4,858
People
$1,095,000
Median sale
$814/wk
Median rent
3.87%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker OrmeauPacking an appealing array of features within a low-maintenance, modern aesthetic, this single level home offers sleek comfort and a flowing layout. Situated in an elevated position, there is a superb easy-care design and excellent proximity to amenities providing appeal for young families and down sizer's whilst reliable tenants provide the superior no-fuss opportunity that investors love!
Contemporary design and a modern facade provide good street appeal with a warming welcome extended throughout the residence. Stylish tiles and a crisp palette enhance the glorious natural light throughout the open-plan layout; a welcoming air-conditioned lounge and dining generously sized to host family and friends. Boasting an array of storage and refined joinery, the central kitchen is designed to cater to any demand; stainless appliances, gas stove, subway tiled splash back and expansive stone-topped benches offering superior functionality. A long breakfast bar with seating handles the hustle and bustle of busy family mornings with ease!
Sliding doors guide seamless transition outdoors to a covered, tiled patio allowing for alfresco dining, relaxation or entertaining with ease. There is direct flow into the flat backyard, fenced for peace of mind and enticing with easy-care appeal.
Four built-in bedrooms provide private retreat; the master including a walk-in robe and private ensuite with good vanity storage and glass shower. The main bathroom presents in well-appointed, contemporary style including a separate bath and shower. Additional features include a separate study, laundry and double remote garage.
An ideal location embraces a no-fuss lifestyle with a position that is walking distance to parkland, with multiple shopping, schooling and dining just a short drive away. With easy access to both bus and rail, as well as the M1 providing a simple commute, this location will always be in demand.
• Near-new single level with easy-care appeal
• Open-plan, air-conditioned lounge and dining on tiled floors
• Modern kitchen with great storage, stainless appliances, subway tiling and expansive stone bench space including breakfast bar seating
• Covered rear alfresco flowing to fenced, low-maintenance backyard
• Four built-in bedrooms; master including walk-in robe and ensuite
• Contemporary family bathroom with good vanity storage
• Separate study
• Spacious laundry
• Double remote garage
• Superb investor opportunity with reliable tenants in place
Disclaimer:
Our offices adhere to current government guidelines for our open homes. This may include the use of face masks and capacity limits.
Everyone who visits our Open Homes will need to check-in.
Along with the Check In QLD app, our agents will check you in to our database as per our office policy.
Listing description written by Kath Barker, 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.