QLD has seen average median house prices change by 0.01% which means that Ormeau, 4208 has done well for property investors by showing a capital gain of -3.09% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Ormeau comes in at number 555th in QLD.
Ormeau4208 is located in QLD which offers an average discount of -6.96% to property investors. Ormeau itself is showing figures that indicate -5.03% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Ormeau being $470000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.87%
If you compare the increase in value of investment property in Ormeau, 4208 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.81%.
The five-year average increase in median property values for Ormeau,4208 has given property investors a potential capital gain of 11.66% across each of those five years.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 5.61%, without taking into account capital value appreciation, which has been averaging out at 0.57%.