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Investment Property Ormeau, QLD, 4208

Suburb Snapshot

Ormeau is a suburb in the Gold Coast Region of Queensland. Ormeau has a population of 14,460 people and 31.22% of its occupants live in rental accommodation. The median listing price for houses is $874,000 and this has changed 6.58% over the past year and changed 16.53% over 2 years.

The median rent in Ormeau for houses is $715 per week and the median rental yield is 4.25%. Stock on the market for houses/townhouses has changed -4.10% compared to last year and the average time to sell a house/townhouse is 85 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Ormeau is NA per week, producing a rental yield of NA.

Supply & Demand in Ormeau, Gold Coast

0.77%

Current vacancy rate


43

Rental stock available


14,460

Population


31.22%

Rental population


1.03%

Current vacancy rate


2,976

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Ormeau, Gold Coast

  House Townhouses Units
Median listing price $874,000 $620,000 NA
Median price change - last quarter 0.45% 3.33% NA
Median price change - 1 year 6.58% 3.50% NA
Median price change - 2 years 16.53% 19.23% NA
  House Townhouses Units
Median weekly rent $715 $540 NA
Median yield % 4.25% 4.52% NA
Median rent change - 1 year 10.00% -6.90% NA
  House Units
Previous month sales 14 3
Stock on market previous month 117 8
Stock variance vs. last year -4.10% 60.00%
Average days on market 85 NA

Ormeau investment property listings

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