Suburb Profile Report for Ormiston QLD (4160)

Ormiston House: Median price $605,000, Annual capital growth 3.83%, Number of sales 116, Weekly median advertised rent $495

Ormiston Unit: Median price $392,500, Annual capital growth 4.55%, Number of sales 70, Weekly median advertised rent $375

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Ormiston, 4160 ranked 769th in QLD when comparing growth in median property values or capital gain over the last 12 months. Ormiston is one of 2415 in our list for QLD

While Ormiston,4160 ranked number 433th in QLD for increase in median house value (annualised) increase, it is ranked 466th over the last 5 years.

Vendor discounting in Ormiston is giving property investors an average Vendor Discount of around -5.42%. This puts suburb at number 567th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Ormiston the average time real estate has been on the market is 62.46 days.

Ormiston, 4160’s gross rental yield is 4.25%

Giving property investors a an average capital gain of 4.67% for the last year, Ormiston, 4160 is the 716th highest performer in Australia in this respect.

A 0.38% growth in median value for property investors in Ormiston,4160 puts this suburb at number 147th in terms of best performing suburbs in QLD

At number 238th of QLD’s most discounted properties, Ormiston is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Ormiston the average time real estate has been on the market is 62.4 days.

Renters in Suburb are facing rents around $4500 per annum or $375 every week.

HOUSE UNIT
$605,000 $392,500
0.00% 0.64%
-9.50% 4.67%
3.83% 4.55%
$495 $375
116 70
4.25% 4.97%
62.46 62.4

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 5641
Median household income ($/weekly) 1444
Median age of persons 44
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 769 13.6
    35-44 years 713 12.6
    45-54 years 959 17.0
    55-64 years 742 13.2
    65-74 years 487 8.6
    Others 1971 34.9
    Age Group
    Census Count Percent(%)
    Registered Married 2387 55.0
    Not Married 1645 37.9
    Defacto Relationship 311 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3797 69.3
    Papua New Guinea 312 5.7
    South Africa 188 3.4
    United Kingdom 669 12.2
    Other 174 3.2
    Others 342 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.5
    Christianity 4000 75.1
    Hinduism 19 0.4
    Other Religious Groups 33 0.6
    No Religion 1169 22.0
    Others 24 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 173 9.3
    $600-$799 160 8.6
    $1,500-$1,999 204 11.0
    $2,000-$2,499 200 10.8
    $2,500-$2,999 206 11.1
    Others 909 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1742 38.6
    Not in the labour force 1532 33.9
    Employed, worked part-time 914 20.2
    Employed, away from work 182 4.0
    Unemployed, looking for work 147 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 410 14.5
    Professionals 662 23.4
    Technicians & trades workers 363 12.8
    Community & personal service workers 284 10.0
    Clerical & administrative workers 472 16.6
    Others 644 22.7
    Occupation
    Census Count Percent(%)
    Pre-school 59 4.3
    Infants/Primary 504 37.0
    Secondary 421 30.9
    Technical or Further Educational Institution 117 8.6
    University or other Tertiary Institutions 239 17.5
    Others 23 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4768 87.6
    Semi-detached, row or terrace house, townhouse 662 12.2
    Flat, unit or apartment 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 883 43.1
    Being purchased 734 35.8
    Rented 406 19.8
    Other tenure type 25 1.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals