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 › Philben Dr
$850,000
For sale
Asking
3
Bedrooms
2
Bathrooms
3
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
Asking
$850,000
Asking
No recorded sale for this property.
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
-26.7%
Median sale
Suburb $1,160,000
+1.32 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.
$38,343 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Ormeau's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 JMO Property GroupMORGAN OLIVER AND THE JMO TEAM PROUDLY PRESENT: 1/48 Philben Drive, Ormeau.
Positioned in a highly convenient and family-friendly pocket of Ormeau, this beautifully presented single-level duplex offers an outstanding opportunity to secure a home that combines comfort, functionality, and effortless low-maintenance living all with the added advantage of no body corporate.
Whether you are a first home buyer entering the market, a downsizer seeking easy-care living, or an investor looking for a quality “set and forget” addition to your portfolio, this home delivers the ideal balance of lifestyle and practicality in a location that continues to perform.
From the moment you arrive, the property presents with a neat and inviting street presence. Inside, the home opens to a warm and welcoming interior enhanced by a neutral colour palette, tiled flooring through the main living areas, excellent natural light, and cross ventilation that creates a fresh, airy feel throughout.
At the centre of the home is a generous open-plan living and dining zone, thoughtfully designed to maximise space and everyday liveability. The kitchen is both functional and well-appointed, featuring an abundance of cabinetry, expansive wrap-around bench space, and stainless steel appliances perfect for busy households and easy entertaining.
One of the standout features of this home is the seamless connection to outdoor living. A sunlit courtyard extends from the main living area, offering the perfect place for your morning coffee or a quiet afternoon unwind, while the oversized covered rear alfresco is privately positioned and provides a superb space for year-round entertaining, outdoor dining, or relaxed family gatherings. The landscaped surrounds are secure, low-maintenance, and designed to give you more time to enjoy your weekends.
Accommodation comprises three well-sized built-in bedrooms, all with comfortable carpeting, including brand new carpet to the bedrooms for a fresh, move-in-ready finish. The master suite enjoys its own private ensuite and walk-in robe, while the main bathroom is designed with family functionality in mind and includes a separate bath and shower.
Completing the home is a separate laundry and a double lock-up garage, further adding to the practicality and appeal of this quality residence.
Set in a sought-after Ormeau location, this home offers exceptional convenience with parkland, Norfolk Village State School, and walking/bike tracks all within easy walking distance. Local shops, dining, and everyday amenities are only minutes away, while the bus stop at your door and quick access to the M1 make commuting to Brisbane or the Gold Coast effortless.
This is the type of property that appeals to a broad range of buyers, low-maintenance, well-located, and move-in ready with genuine lifestyle appeal.
Property Highlights:
- Premium single-level duplex in a convenient Ormeau location
- No body corporate
- Spacious open-plan living and dining with tiled flooring
- Well-appointed central kitchen with wrap-around benches and excellent storage
- Stainless steel appliances
- Sun-soaked courtyard off the living area
- Large covered rear alfresco with superb privacy
- Secure, landscaped low-maintenance yard
- Three built-in bedrooms with brand new carpet
- Master suite with walk-in robe and private ensuite
- Family bathroom with separate bath and shower
- Separate laundry
- Double lock-up garage
- Walk to parkland, Norfolk Village State School, and bike/walking tracks
- Bus stop at your door and easy M1 access
- Ideal for first home buyers, downsizers, and investors
Conveniently located:
– 0.3km – Norfolk Village State School Catchment (Primary within catchment)
– 6.2km – Ormeau Woods State High School (Secondary within catchment)
– 5.9km – Livingstone Christian College (Prep – 12)
– 6.5km – Toogoolawa (Special Non-Government School)
– 7.3km – Rivermount College (Pre-Prep – 12)
– 4.2km – Woolworths Ormeau
– 4.9km – Ormeau Village Shopping Centre & Coles
– 1.1km – Norfolk Village Shopping Centre & Tavern
– 2.1km – M1 North on ramp
– 2.5km – M1 South on ramp
– 8.8km – Ormeau Train Station
– 12.0km – Bunnings Pimpama
Contact Morgan Oliver, your trusted Ormeau Real Estate specialist at JMO Property Group today on (07) 5517 5282 or morgan@jmoproperty.com.au to register your interest.
Disclaimer:
Disclaimer: JMO Property Group has obtained the information presented herein from a variety of sources we believe to be reliable. The accuracy of this information, however, cannot be guaranteed by JMO Property Group and all parties should make their own enquiries to verify this information.
Listing description written by Morgan Oliver, JMO Property Group — 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.