Auction Times
Sat 10 Oct | Auction Time | Agency | |
|---|---|---|---|
 | 2 John Samuel Place 4 2 3 House | 11:00 AM Sat 10th Oct | Raine & Horne Cleveland |
Median Sale Price
House
$755K
Updated on Aug 2020
2 BR - | 3 BR $445K | 4 BR $663K |
Unit
$455K
Updated on Aug 2020
1 BR $270K | 2 BR $339K | 3 BR $520K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $599,000 | 0.0% | $307,500 | $2,700,000 | 79 |
| 2010 | $600,000 | +0.2% | $325,000 | $1,370,000 | 94 |
| 2011 | $570,000 | -5.3% | $190,000 | $1,550,000 | 82 |
| 2012 | $540,000 | -5.6% | $244,000 | $2,000,000 | 109 |
| 2013 | $598,000 | +9.7% | $272,500 | $2,700,000 | 153 |
| 2014 | $565,000 | -5.8% | $312,000 | $1,400,000 | 115 |
| 2015 | $654,000 | +13.6% | $340,000 | $1,400,000 | 111 |
| 2016 | $620,000 | -5.5% | $350,000 | $3,010,000 | 112 |
| 2017 | $670,000 | +7.5% | $325,000 | $2,250,000 | 94 |
| 2018 | $635,000 | -5.5% | $415,000 | $1,160,000 | 42 |
| 2019 | $765,000 | +17.0% | $420,000 | $980,000 | 19 |
| 2020 | $1,155,000 | +33.8% | $701,000 | $1,155,000 | 3 |
Median Sale Price
$1.16M
Based on 3 recorded sales within the last 12 months
Updated on 27 Sep 2020
Suburb Growth
+33.8%
Current Median Price: $1,155,000
Previous Median Price: $765,000
Based on 22 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$510
Updated on Aug 2020
2 BR $375 | 3 BR $418 | 4 BR $550 |
Unit
$410
Updated on Aug 2020
2 BR $355 | 3 BR $440 | 4 BR $495 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $450 | 0.0% | $310 | $990 | 51 |
| 2012 | $460 | +2.2% | $350 | $1,250 | 92 |
| 2013 | $510 | +9.8% | $330 | $1,200 | 122 |
| 2014 | $500 | -2.0% | $325 | $1,200 | 85 |
| 2015 | $480 | -4.2% | $270 | $1,800 | 134 |
| 2016 | $520 | +7.7% | $280 | $1,600 | 121 |
| 2017 | $510 | -2.0% | $285 | $1,000 | 94 |
| 2018 | $530 | +3.8% | $325 | $1,000 | 96 |
| 2019 | $490 | -8.2% | $220 | $950 | 97 |
| 2020 | $560 | +12.5% | $280 | $1,395 | 57 |
Median Rent Price
$550
per week
Based on 79 recorded rent within the last 12 months
Updated on 27 Sep 2020
Rent Price Growth
+9.1%
Current Median Rent: $550
Previous Median Rent: $500
Based on 180 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $1,155,000
Current Median rent: $550
Based on 82 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Ormiston
Houses sold in Last 12 months ends 26 Sep 2020
$1.1M
Median Sale Price
100%
Clearance Rate
6/6
Sold/Reported
$1.16M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 3 | |
| $600 K - $800 K | 2 | |
Schools closest to Ormiston, QLD 4160
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Ormiston State School | GORDON STREETOrmiston 4160 | Primary | Government | 0.53 km |
| Ormiston CollegeTop 10 | 97 DUNDAS STREET WESTOrmiston 4160 | Combined | Independent | 0.84 km |
| Cleveland District State High School | RUSSELL STREETCleveland 4163 | Secondary | Government | 2.17 km |
| Cleveland State School | QUEEN STREETCleveland 4163 | Primary | Government | 2.41 km |