QLD has seen average median house prices change by 2.53% which means that Ormeau, 4208 has done well for property investors by showing a capital gain of 1.69% over the last year
Ormeau,4208 has offered an average of 1.69% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.63% offered to property buyers. Sellers in Ormeau itself are offering an average vendor discount of -4.41% to real estate investors.
Property investors should expect to get $440 weekly from the median priced house in this suburb.
Ormeau, 4208 ranked 93th in QLD when comparing growth in median property values or capital gain over the last 12 months. Ormeau is one of 2415 in our list for QLD
While Ormeau,4208 ranked number 146th in QLD for increase in median house value (annualised) increase, it is ranked 66th over the last 5 years.
Property buyers and investors in Ormeau 4208 should be seeing an average reduction in asking price of around -3.27% . This means that Ormeau is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 1.06%, investors should hope to achieve an overall return of 5.41%