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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 $1,195,500 and this has changed 18.71% over the past year and changed 19.55% over 2 years.

The median rent in Ormiston for houses is $725 per week and the median rental yield is 3.15%. Stock on the market for houses/townhouses has changed 21.05% compared to last year and the average time to sell a house/townhouse is 187 days.The median listing price for units is $315,000 and this has changed 0.00% over the past year. The average unit takes 134 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

0.69%

Current vacancy rate


20

Rental stock available


5,789

Population


19.04%

Rental population


0.59%

Current vacancy rate


403

Rental stock available


147,011

Population


22.73%

Rental population


0.87%

Current vacancy rate


20,766

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 $1,195,500 $654,500 $315,000
Median price change - last quarter 0.41% 2.69% 2.38%
Median price change - 1 year 18.71% 0.76% 0.00%
Median price change - 2 years 19.55% 4.72% NA
  House Townhouses Units
Median weekly rent $725 $730 NA
Median yield % 3.15% 5.79% NA
Median rent change - 1 year 0.00% -1.36% NA
  House Units
Previous month sales 3 2
Stock on market previous month 69 10
Stock variance vs. last year 21.05% -33.33%
Average days on market 187 134

Ormiston investment property listings

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