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48 Richenda Street,
Ormeau Hills QLD 4208

This property is Off Market

All about Ormeau Hills Homes for sale in Ormeau Hills

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

Drive times

School Catchments

Property For Sale Nearby

LJ Hooker 70 BARRENJOEY DR, Offers Over $1,950,000 4 Beds - 2 Baths - 13 Parking Within 0.5 km Remax 43 WOLLOMBI AV, Expression Of Interest 4 Beds - 2 Baths - 2 Parking Within 0.7 km Professionals 16 JOHNSON PDE, Price: Contact Agent 5 Beds - 3 Baths - 4 Parking Within 1.2 km Remax 98 THE PLATEAU, MOTIVATED SELLERS - EN.. 6 Beds - 4 Baths - 7 Parking Within 1.4 km

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 train

Parkwood

Helensvale ship

Runnaway Bay train

Helensvale train

Kingston

Loganlea

Bethania

Edens Landing train

Holmview

General Points of Interest

HomeCo

Norwell Motorplex sport

Mt Warren Lanes monument

Australian Peacekeepers & Peacemakers monument

ANZAC memorial monument

Leopard Tank

Beenleigh Rum Artisan Distillery sport

Slideways - Go Karting World sport

Ormeau FC Club House shopping

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Ormeau SS Ormeau Woods SHS
Livingstone Christian College
Ormeau, QLD, 4208 Independent Prep-12
Toogoolawa School
Ormeau, QLD, 4208 Independent 3-10
Mother Teresa Primary School
Ormeau, QLD, 4208 Independent Prep-6
Ormeau State School
Pimpama, QLD, 4209 State Prep-6
Cedar Creek State School
Cedar Creek, QLD, 4207 State Prep-6
Pimpama State School
Pimpama, QLD, 4209 State Prep-6
Norfolk Village State School
Ormeau, QLD, 4208 State Prep-6
Lutheran Ormeau Rivers District School
Pimpama, QLD, 4209 Independent Prep-12
Ormeau Woods State High School
Ormeau, QLD, 4208 State 7-12
Rivermount College
Yatala, QLD, 4207 Independent Prep-12

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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