If you compare the increase in value of investment property in Ormeau, 4208 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.67%.
When looking at the potential capital gains offered to property investors over the last 3 years, Ormeau comes in at number 399th in QLD.
The most recent median price for Ormeau is $462000, with sellers offering an average of -4.07% off the asking price.
Often selling an investment property can take time, and in Ormeau the average time real estate has been on the market is 69.12 days.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.
At number 1140th 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 0.00% recorded in median house prices.
Over the longer term, Ormeau has seen property prices show investors a 14.75% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Ormeau are currently offering property investors an average price cut of -5.04% below the asking price at the moment.
Property investors should expect to get $385 weekly from the median priced house in this suburb.