Investment property in Ormeau has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.26%
A 7.93% growth in median value for property investors in Ormeau,4208 puts this suburb at number 586th in terms of best performing suburbs in QLD
The most recent median price for Ormeau is $463000, with sellers offering an average of -4.09% off the asking price.
In the last year 260 properties changed hands in Ormeau, which puts it as the 30th most active market in QLD when comparing the number of sales per suburb.
With a capital gain of 1.43% for the last 12 months, Ormeau, 4208 has performed for property investments than its average annual 1.75% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Ormeau comes in at number 91th in QLD.
Property buyers and investors in Ormeau 4208 should be seeing an average reduction in asking price of around -4.76% . This means that Ormeau is holding prices well when compared to other suburbs in QLD.