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.