Over the last year, property investments in Ormeau, 4208 have given investors a capital gain of 8.91%. This compares badly with the 12.16% for QLD as a whole.
Over the longer term, Ormeau has seen property prices show investors a 15.67% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ormeau, 4208. Typically our figures indicate that -3.11% is being offered, which puts this QLD suburb at 2191th most discounted overall in Australia.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 2.12%, investors should hope to achieve an overall return of 4.25%
At number 314 in a list of fastest selling suburbs, Ormeau is in the TOP 30% of suburbs in Australia with an average of days on market 45.2 for properties listed there.