Ormeau, QLD 4208

Ormeau, QLD 4208

Compare Part of Gold Coast

41.80 km
Distance from CBD
7 k
Population
Median Sale Price
House
$495K
Updated on Aug 2019
2 BR
-
3 BR
$420K
4 BR
$480K
Unit
$368K
Updated on Aug 2019
1 BR
-
2 BR
$225K
3 BR
$370K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$447,500
0.0% $325,000 $799,000 245
2010
$450,000
+0.6% $300,000 $800,000 176
2011
$427,000
-5.4% $190,000 $2,147,483,647 263
2012
$412,000
-3.6% $156,850 $940,000 246
2013
$406,500
-1.4% $115,500 $1,250,000 337
2014
$430,000
+5.5% $270,000 $915,000 280
2015
$445,500
+3.5% $230,000 $925,000 255
2016
$460,000
+3.2% $210,000 $1,375,000 271
2017
$465,000
+1.1% $215,000 $1,200,000 278
2018
$479,000
+2.9% $210,000 $3,400,000 103
2019
$465,000
-3.0% $310,000 $1,050,000 50
Median Sale Price
$465K
Based on 50 recorded sales within the last 12 months
Updated on 23 Oct 2019
Suburb Growth
-1.5%
Current Median Price: $465,000
Previous Median Price: $472,000
Based on 205 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2019)
Price Range Segments (12 months ending Sep 2019)
Median Weekly Rent Price
House
$440
Updated on Sep 2019
2 BR
$345
3 BR
$398
4 BR
$440
Unit
$390
Updated on Sep 2019
2 BR
$343
3 BR
$390
4 BR
$430
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$405
0.0% $405 $405 1
2012
$520
+22.1% $520 $520 1
2013
$420
-23.8% $269 $850 263
2014
$420
0.0% $296 $680 325
2015
$430
+2.3% $342 $790 520
2016
$430
0.0% $325 $7,000 412
2017
$430
0.0% $300 $760 412
2018
$440
+2.3% $300 $950 367
2019
$445
+1.1% $325 $1,025 258
Median Rent Price
$440
per week
Based on 323 recorded rent within the last 12 months
Updated on 23 Oct 2019
Rent Price Growth
0.0%
Current Median Rent: $440
Previous Median Rent: $440
Based on 695 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $465,000
Current Median rent: $440
Based on 373 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2019)

Auction Results For Ormeau

Houses sold in Last 12 months ends 19 Oct 2019

$450K

Median Sale Price

91%

Clearance Rate

73/81

Sold/Reported

$1.05M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M 2
$600 K - $800 K 9
$400 K - $600 K
(Median Price Range)
36
less than $400 K 11

Schools closest to Ormeau, QLD 4208

School name Address Type Sector Distance
Toogoolawa School PIMPAMA RIVERS ESTATE, SERVICE RD, OFF PACIFIC HIGHWAYOrmeau 4208 Combined Independent 1.11 km
Norfolk Village State School HALFWAY DRIVEOrmeau 4208 Primary Government 1.63 km
Livingstone Christian College 62 REEDMANS ROADOrmeau 4208 Combined Independent 1.68 km
Ormeau Woods State High School GOLDMINE ROADOrmeau 4208 Secondary Government 2.1 km