Suburb Profile Report for Ormeau Hills QLD (4208)

Ormeau Hills House: Median price $482,000, Annual capital growth 2.17%, Number of sales 88, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report

Property value increases in Ormeau Hills have tracked just lower than the QLD average of 2.06% over the last 12 months.

Ormeau Hills,4208 was ranked 2831 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Ormeau Hills is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 772th in terms of most discounted suburbs in QLD

At number 2267 in a list of fastest selling suburbs, Ormeau Hills is just in the bottom half of suburbs in Australia with an average of days on market 91.21 for properties listed there.

Ormeau Hills, 4208’s gross rental yield is 5.18%

Metrics i HOUSE UNIT
$482,000 N/A
-0.10% N/A
-1.13% N/A
2.17% N/A
$480 N/A
88 N/A
5.18% N/A
91.21 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1209
Median household income ($/weekly) 1962
Median age of persons 33
Median housing loan repayment ($/monthly) 2487
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 256 21.1
    25-34 years 169 13.9
    35-44 years 257 21.2
    45-54 years 159 13.1
    55-64 years 103 8.5
    Others 268 22.1
    Age Group
    Census Count Percent(%)
    Registered Married 526 65.3
    Not Married 194 24.1
    Defacto Relationship 85 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 858 73.7
    Papua New Guinea 104 8.9
    South Africa 25 2.1
    United Kingdom 110 9.5
    Other 31 2.7
    Others 36 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 3 0.3
    Christianity 876 78.1
    Hinduism 6 0.5
    Islam 6 0.5
    No Religion 227 20.2
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 25 7.8
    $1,500-$1,999 63 19.6
    $2,000-$2,499 56 17.4
    $2,500-$2,999 42 13.0
    $3,000-$3,499 29 9.0
    Others 107 33.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 433 51.7
    Employed, worked part-time 175 20.9
    Not in the labour force 172 20.5
    Employed, away from work 31 3.7
    Unemployed, looking for work 27 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 82 12.8
    Professionals 110 17.2
    Technicians & trades workers 101 15.8
    Community & personal service workers 58 9.1
    Clerical & administrative workers 118 18.5
    Others 170 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 21 5.9
    Infants/Primary 182 51.6
    Secondary 89 25.2
    Technical or Further Educational Institution 24 6.8
    University or other Tertiary Institutions 31 8.8
    Others 6 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1162 99.7
    Caravan, cabin, houseboat 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 255 69.5
    Rented 63 17.2
    Fully owned 45 12.3
    Other tenure type 4 1.1
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals