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Investment Property Ormiston, QLD, 4160

Suburb Snapshot

Ormiston is a suburb in the Redland Region of Queensland. Ormiston has a population of 5,789 people and 19.04% of its occupants live in rental accommodation. The median listing price for houses is $1,200,000 and this has changed 20.00% over the past year and changed 20.00% over 2 years.

The median rent in Ormiston for houses is $720 per week and the median rental yield is 3.12%. Stock on the market for houses/townhouses has changed 24.19% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $322,500 and this has changed 17.27% over the past year. The average unit takes 163 days to sell and the median rent for a unit in Ormiston is NA per week, producing a rental yield of NA.

Supply & Demand in Ormiston, Redland

0.55%

Current vacancy rate


16

Rental stock available


5,789

Population


19.04%

Rental population


0.51%

Current vacancy rate


354

Rental stock available


147,011

Population


22.73%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Ormiston, Redland

  House Townhouses Units
Median listing price $1,200,000 $667,500 $322,500
Median price change - last quarter 0.41% 2.69% 2.38%
Median price change - 1 year 20.00% 2.77% 17.27%
Median price change - 2 years 20.00% 6.80% NA
  House Townhouses Units
Median weekly rent $720 $735 NA
Median yield % 3.12% 5.72% NA
Median rent change - 1 year -0.69% 0.68% NA
  House Units
Previous month sales 5 0
Stock on market previous month 77 8
Stock variance vs. last year 24.19% -38.46%
Average days on market 55 163

Ormiston investment property listings

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