With a capital gain of 1.08% for the last 12 months, Ormeau, 4208 has performed for property investments than its average annual 1.77% property growth over the last 5 years.
Comparing Ormeau,4208 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Ormeau is offering property investors an average of -6.98. This rate of discount on properties puts Suburb at number 747th in terms of most discounted suburbs in QLD
At number 1562 in a list of fastest selling suburbs, Ormeau is just in the top half of suburbs in Australia with an average of days on market 68.86 for properties listed there.
Situated 41.05km from the CBD, Ormeau is one of Gold Coast localities in the postcode 4208.
Ormeau has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.56% to date .
Ormeau,4208 was ranked 845 in Australia by increase in median property value over the quarter.
Ormeau, 4208 is offering QLD ‘s 267th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
Residents and property investors in Ormeau have been waiting around 73.62 days to sell a property.
Property investors should expect to get $380 weekly from the median priced house in this suburb.