Suburb Profile Report for Ormiston QLD (4160)

Ormiston House: Median price $671,000, Annual capital growth 4.05%, Number of sales 100, Weekly median advertised rent $500

Ormiston Unit: Median price $427,000, Annual capital growth 4.83%, Number of sales 38, Weekly median advertised rent $410

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Ormiston has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.91%

A 17.72% growth in median value for property investors in Ormiston,4160 puts this suburb at number 282th in terms of best performing suburbs in QLD

With the median price for a house in Ormiston being $671000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.87%

At number 533th in the list of Australian suburbs ordered by increase in median house value over the last year, Ormiston, 4160 is in the top 40% with a property value increase of 9.49% recorded in median house prices.

Across a shorter period, Ormiston, 4160 has seen a median price increase of 14.32% over the last quarter.

On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.

Advertised rents are around the $410 mark per week – giving a return of 4.99% based on the median price in Suburb

Metrics i HOUSE UNIT
$671,000 $427,000
1.67% 14.32%
10.91% 9.49%
4.05% 4.83%
$500 $410
100 38
3.87% 4.99%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 5641
Median household income ($/weekly) 1444
Median age of persons 44
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 769 13.6
    35-44 years 713 12.6
    45-54 years 959 17.0
    55-64 years 742 13.2
    65-74 years 487 8.6
    Others 1971 34.9
    Age Group
    Census Count Percent(%)
    Registered Married 2387 55.0
    Not Married 1645 37.9
    Defacto Relationship 311 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3797 69.3
    Papua New Guinea 312 5.7
    South Africa 188 3.4
    United Kingdom 669 12.2
    Other 174 3.2
    Others 342 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.5
    Christianity 4000 75.1
    Hinduism 19 0.4
    Other Religious Groups 33 0.6
    No Religion 1169 22.0
    Others 24 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 173 9.3
    $600-$799 160 8.6
    $1,500-$1,999 204 11.0
    $2,000-$2,499 200 10.8
    $2,500-$2,999 206 11.1
    Others 909 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1742 38.6
    Not in the labour force 1532 33.9
    Employed, worked part-time 914 20.2
    Employed, away from work 182 4.0
    Unemployed, looking for work 147 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 410 14.5
    Professionals 662 23.4
    Technicians & trades workers 363 12.8
    Community & personal service workers 284 10.0
    Clerical & administrative workers 472 16.6
    Others 644 22.7
    Occupation
    Census Count Percent(%)
    Pre-school 59 4.3
    Infants/Primary 504 37.0
    Secondary 421 30.9
    Technical or Further Educational Institution 117 8.6
    University or other Tertiary Institutions 239 17.5
    Others 23 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4768 87.6
    Semi-detached, row or terrace house, townhouse 662 12.2
    Flat, unit or apartment 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 883 43.1
    Being purchased 734 35.8
    Rented 406 19.8
    Other tenure type 25 1.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals