Median Sale Price
House
$725K
Updated on May 2020
2 BR - | 3 BR $440K | 4 BR $668K |
Unit
$485K
Updated on May 2020
1 BR - | 2 BR $333K | 3 BR $537K |
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 | - | - | - | - | - |
Median Sale Price
$765K
Based on 15 recorded sales within the last 12 months
Updated on 5 Jun 2020
Suburb Growth
+13.1%
Current Median Price: $765,000
Previous Median Price: $665,000
Based on 21 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2020)
Price Range Segments (12 months ending May 2020)
Median Weekly Rent Price
House
$493
Updated on May 2020
2 BR $360 | 3 BR $410 | 4 BR $545 |
Unit
$395
Updated on May 2020
2 BR $350 | 3 BR $405 | 4 BR $508 |
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% | $330 | $1,000 | 94 |
| 2018 | $530 | +3.8% | $325 | $1,000 | 96 |
| 2019 | $490 | -8.2% | $220 | $950 | 97 |
| 2020 | $550 | +10.9% | $280 | $1,395 | 36 |
Median Rent Price
$495
per week
Based on 84 recorded rent within the last 12 months
Updated on 5 Jun 2020
Rent Price Growth
-3.0%
Current Median Rent: $495
Previous Median Rent: $510
Based on 185 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $765,000
Current Median rent: $495
Based on 99 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2020)
Auction Results For Ormiston
Houses sold in Last 12 months ends 30 May 2020
$665K
Median Sale Price
96%
Clearance Rate
23/24
Sold/Reported
$980K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 5 | |
| $600 K - $800 K (Median Price Range) | 5 | |
| $400 K - $600 K | 7 | |
| less than $400 K | 1 | |
Similar Suburbs to Ormiston 4160
Based on median house sale price sold in last 12 months
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 |