At number 2520th in the list of Australian suburbs ordered by increase in median house value over the last year, Ormeau, 4208 is in the BOTTOM 40% with a property value increase of 2.73% recorded in median house prices.
Ormeau,4208 has offered an average of 2.73% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Ormeau 4208 should be seeing an average reduction in asking price of around -4.14% . This means that Ormeau is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Ormeau the average time real estate has been on the market is 68.91 days.
With the median price for a house in Ormeau being $470000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.87%
QLD has seen average median house prices change by 0.65% which means that Ormeau, 4208 has done well for property investors by showing a capital gain of 1.43% over the last year
Ormeau,4208 was ranked 674 in Australia by increase in median property value over the quarter.
Ormeau4208 is located in QLD which offers an average discount of -6.05% to property investors. Ormeau itself is showing figures that indicate -4.64% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Ormeau the average time real estate has been on the market is 110.09 days.