Suburb Profile Report for Ormiston QLD (4160)

Ormiston House: Median price $650,000, Annual capital growth 3.73%, Number of sales 97, Weekly median advertised rent $495

Ormiston Unit: Median price $370,000, Annual capital growth 4.75%, Number of sales 45, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report
  • Unit Report

Ormiston has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.59% to date .

Across a shorter period, Ormiston, 4160 has seen a median price increase of 0.78% over the last quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in Ormiston itself are offering an average vendor discount of -4.17% to real estate investors.

Property investors should expect to get $495 weekly from the median priced house in this suburb.

Property investors who have had real estate in Ormiston, 4160 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.88%

The five-year average increase in median property values for Ormiston,4160 has given property investors a potential capital gain of -22.92% across each of those five years.

Ormiston4160 is located in QLD which offers an average discount of -6.08% to property investors. Ormiston itself is showing figures that indicate -3.16% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Ormiston the average time real estate has been on the market is 66.3 days.

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

Metrics i HOUSE UNIT
$650,000 $370,000
0.78% -5.13%
3.59% -4.88%
3.73% 4.75%
$495 $375
97 45
3.96% 5.27%
56.46 66.3

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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
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Recent sales & rentals