Ormeau Hills QLD 4208

Here you can find what you need to know about Ormeau Hills, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$500k Median Sale Price (National Average $485k) 377th In QLD
-5.66% Median Price Change (1 yr) (National Average 4.30%) 2603rd In QLD
$450pw Median Rent (National Average $395) 330th In QLD
4.7% Median Gross Yield (National Average 4.24%) 434th In QLD
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Properties sold 69
Average discounting -5.06%
Average Days on Market 86
Stock on Market 36 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Ormeau Hills, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Ormeau Hills, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Ormeau Hills, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Ormeau Hills


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Latest Auction Results for Ormeau Hills as at 22 September 2019

Property Details
Sale Price
4Bed / 2Bath / -Car / House
-

State Auction Clearance Rates - September 2019

Auctions Clearance rate
QLD 165 43%
ACT 49 65%
NSW 547 73%
NT 8 63%
SA 77 57%
TAS 3 0%
VIC 911 77%
WA 11 55%

Local Schools


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Suburb Information

Ormeau Hills, QLD 4208

Part of: Gold Coast City - Albert Council No data available

The size of Ormeau Hills is approximately 8.6 square kilometres. It has 16 parks covering nearly 4.7% of total area. The population of Ormeau Hills in 2011 was 447 people. By 2016 the population was 3,147 showing a population growth of 604.0% in the area during that time. The predominant age group in Ormeau Hills is 0-9 years. Households in Ormeau Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormeau Hills work in a professional occupation. In 2011, 84.2% of the homes in Ormeau Hills were owner-occupied compared with 73.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Ormeau Hills

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Ormeau Hills   for Houses in last 12 months


There have been 69 Houses sold in Ormeau Hills in the past 12 months with a median sale price of $500K, up -5.66% annually. It takes on average 86 days to sell with vendor discounting of -5.06%.

Streets in Ormeau Hills


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