Over the last year, property investments in Ormeau, 4208 have given investors a capital gain of 1.08%. This compares badly with the 2.81% for QLD as a whole.
Comparing Ormeau,4208 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Ormeau is $470000, with sellers offering an average of -4.21% off the asking price.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.87%, without taking into account capital value appreciation, which has been averaging out at 1.60%.
QLD has seen average median house prices change by -0.06% which means that Ormeau, 4208 has not done well for property investors by showing a capital gain of 6.02% over the last year
The five-year average increase in median property values for Ormeau,4208 has given property investors a potential capital gain of 12.46% across each of those five years.
Property buyers and investors in Ormeau 4208 should be seeing an average reduction in asking price of around -3.13% . This means that Ormeau is holding prices well when compared to other suburbs in QLD.