Ormeau Hills is in the bottom 40% in QLD when comparing median price capital growth over the last year. Ormeau Hills gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.62%.
Ormeau Hills,4208 was ranked 2938 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ormeau Hills, 4208. Typically our figures indicate that -3.96% is being offered, which puts this QLD suburb at 3210th most discounted overall in Australia.
At number 1739 in a list of fastest selling suburbs, Ormeau Hills is just in the top half of suburbs in Australia with an average of days on market 76.46 for properties listed there.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.96%, without taking into account capital value appreciation, which has been averaging out at 2.50%.