Suburb Profile Report for Ormiston QLD (4160)

Ormiston House: Median price $665,000, Annual capital growth 3.69%, Number of sales 101, Weekly median advertised rent $495

Ormiston Unit: Median price $390,000, Annual capital growth 5.31%, Number of sales 53, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Ormiston, 4160 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.99%.

When looking at the potential capital gains offered to property investors over the last 3 years, Ormiston comes in at number 181th in QLD.

Our latest figures would indicate that property sellers in Ormiston are currently offering property investors an average price cut of -4.56% below the asking price at the moment.

In the last year 101 properties changed hands in Ormiston, which puts it as the 225th most active market in QLD when comparing the number of sales per suburb.

Ormiston is an average performer in QLD when comparing median price capital growth over the last year. Ormiston gave property investors a good capital gain figure when compared to the rest of the state, with 2.63%.

Ormiston,4160 was ranked 1006 in Australia by increase in median property value over the quarter.

Ormiston, 4160 is offering QLD ‘s 183th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

In the last year 53 properties changed hands in Ormiston, which puts it as the 159th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$665,000 $390,000
5.56% 0.00%
1.99% 2.63%
3.69% 5.31%
$495 $365
101 53
3.87% 4.87%
65.11 60.45

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