Fraud Blocker

Ormeau Hills, QLD 4208

Home » QLD Real Estate Data » Gold Coast City, QLD » Ormeau Hills, QLD 4208

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Ormeau Hills, QLD 4208 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Ormeau Hills, QLD 4208”

  1. The total adult population (15 years or older) of Ormeau Hills 4208 QLD is 3,319, with a median age of 32. Of those, 51.10% are married, 10.79% are divorced or separated, 35.70% are single and 2.38% are widowed.

    The average household size is 3.1 people per dwelling, and the median household monthly income is estimated to be $9,420. The median monthly mortgage repayment for households in this suburb is $2,076 which is 22.04% of their earnings.

    Source: ABS Census Data (2021)

  2. Diving into the leafy suburb of Ormeau Hills, postcode 4208, situated in the heart of sunny Queensland, Australia, you’ll find it home to an estimated 1594 households in Q3, 2023. Notably, prices for houses in this appealing suburb sit around $797,711 on average, with a promising indicative yield of 4.21% sparked by a median weekly rent amounting to $646.

    A glance into the socio-economic fabric of Ormeau Hills reveals an impressive IRSAD score of 1038 out of a possible 1217. This relatively high score indicates a robust socio-economic status for the suburb’s inhabitants, marked by good access to economic resources and the prevalence of skilled occupations.

    The renter to owner ratio in the suburb hovers at 25%, a favourable percentage signalling a balanced market that isn’t overly saturated with rental properties, supporting the potential for robust long-term returns for property investors. More so, the suburb’s units to houses ratio sits at a comfortable 0%, suggesting that the majority of properties are houses rather than units.

    However, prospective homeowners and investors should bear in mind that the affordability index in Ormeau Hills currently stands at 33 years. Being above the standard 30-year mortgage term, the higher than average affordability index suggests a slight downturn in affordability for houses in this area.

    With the stock on market percentage (SoM) for houses calculated at 1.07%, it is within the neutral zone suggesting a steady supply. Concurrently, the inventory level for houses, at 2.24 months, is in a favourable range, painting a picture of a comparatively absorbent market for new listings, hence a balanced level of supply and demand.

    The building approvals ratio for houses in Ormeau Hills affirms this, at 0.56%, which is favourable and indicative of a steady increase in new housing stock. In terms of demand, houses in this suburb remain on market for an average of just 15 days, suggesting significant buyer interest and fast-moving property sales.

    The relatively low vacancy rate (combined for houses and units) of 1.75% underpins the high demand and low supply facts, adding another tick in the box for investment potential. Lastly, a buy search index score of 4 for houses indicates neutral demand, being within the 3 and 6 benchmark range.

    Investors and buyers would benefit from keeping a keen eye on further market developments in Ormeau Hills, as it exudes several appealing metrics for growth and return consistency. Always remember that while some indices may hover in more challenging spheres, a majority of promising metrics can contribute favourably to the overall investment attractiveness.
    Furthermore, referencing tools like the RCS (Relative Composite Score) by HtAG Analytics can offer insight into over 80 different market metrics and provide an in-depth examination of the property market’s robustness.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment