48 Richenda Street, Ormeau Hills QLD 4208
This property is Off Market
- The Average property price in this area is $959,947, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 11.39 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Ormeau - Yatala
With an average age of 30, households expect an average monthly mortgage payment of $2,093 or a weekly rent payment of $445. The average family earns a weekly income of $2,200 with a typical household size of 3.2 and a 94.72% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ormeau Hills due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Ormeau Hills classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Ormeau Hills requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Redland Bay Marina platform 3
Parkwood
Helensvale
Runnaway Bay
Helensvale
Kingston
Loganlea
Bethania
Edens Landing
Holmview
General Points of Interest
HomeCo
Norwell Motorplex
Mt Warren Lanes
Australian Peacekeepers & Peacemakers
ANZAC memorial
Leopard Tank
Beenleigh Rum Artisan Distillery
Slideways - Go Karting World
Ormeau FC Club House
Beenleigh Marketplace
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 2472 asthma sufferers and 662 people living with diabetes. In addition, 718 people have a heart/vascular condition and 1437 people live with three or more chronic diseases.A good place to invest in property?
Ormeau - Yatala a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
39 / 100
32 / 100
Industry
40 / 100
32 / 100
Population
51 / 100
40 / 100
House Prices
79 / 100
63 / 100
Jobs
53 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsOrmeau Woods SHS Ormeau SS
-
Cedar Creek State School
Cedar Creek, QLD, 4207 State Prep-6 -
Rivermount College
Yatala, QLD, 4207 Independent Prep-12 -
Ormeau State School
Pimpama, QLD, 4209 State Prep-6
Property Story
48 Richenda Street, Ormeau Hills, Qld, 4208 is a residential property with 6 bedrooms, 3 bathrooms and 4 Parking spaces. The estimated value of this home is $1,080,000. The estimated distance to the sea is 11.39km and 0.58KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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