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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
Ormeau Hills has 117 houses available for sale. The median property price for a house is currently 886,300 with annual capital growth of 14.36 . There were 96 house sales in the past 12 months. On average, houses spend 14 days on market.
If you're thinking about buying an investment property in Ormeau Hills, consider that rental yields for houses are currently 4.47 with an average median rent of 720 weekly. Houses have seen 1.87 growth in the past quarter, and 14.36 growth in the past 12 months.
The size of Ormeau Hills is approximately 8.6 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Ormeau Hills in 2011 was 447 people. By 2016 the population was 3,147 showing a population growth of 604.0% in the area during that time. The predominant age group in Ormeau Hills is 0-9 years.
Households in Ormeau Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormeau Hills work in a professional occupation. In 2011, 84.2% of the homes in Ormeau Hills were owner-occupied compared with 73.6% in 2016.
The size of Ormeau Hills is approximately 8.6 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Ormeau Hills in 2011 was 447 people. By 2016 the population was 3,147 showing a population growth of 604.0% in the area during that time. The predominant age group in Ormeau Hills is 0-9 years.
Households in Ormeau Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormeau Hills work in a professional occupation. In 2011, 84.2% of the homes in Ormeau Hills were owner-occupied compared with 73.6% in 2016.
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| Key Market Data | House | Unit |
| Median price | 886,300 | – |
| Quarterly growth | +1.87 | – |
| 12-month growth | +14.36 | – |
| Average annual growth | +12.24 | – |
| Weekly median rent | 720 | – |
| Gross rental yield | 4.47 | 4.85 |
| Number of Sales (12m) | 96 | – |
| Avg. Days on Market (12m) | 14 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 447 | 3,147 |
| Population change (5y) | +14.62 | +604.00 |
| Median household income (p/w) | 2,000 | 2,076 |
| Household income change (5y) | +50.94 | +3.80 |
| Median age of persons | 41 | 31 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Ormeau Hills was 3,147 in 2016, a +604.00 change compared to 2011.
The predominant age group in Ormeau Hills is 0-9 years.
The population of Ormeau Hills was 3,147 in 2016, a +604.00 change compared to 2011.
The predominant age group in Ormeau Hills is 40-49 years.
Most of the population in Ormeau Hills were born in Australia.
Most of the population in Ormeau Hills were born in Australia.
Most of the population in Ormeau Hills report their religion as No Religion.
Most of the population in Ormeau Hills report their religion as No Religion.
Most of the population in Ormeau Hills report their income range as between 78,000 and 130,000 .
The median household income in Ormeau Hills was 2,076 in 2016, a +3.80 change compared to 2011.
Most of the population in Ormeau Hills report their income range as between 78,000 and 130,000 .
The median household income in Ormeau Hills was 2,000 in 2011, a +50.94 change compared to 2006.
Most of the population in Ormeau Hills work as Professional.
Most of the population in Ormeau Hills work as Professional.
The chart below demonstrates the various levels of education in Ormeau Hills.
The chart below demonstrates the various levels of education in Ormeau Hills.
Most of the population in Ormeau Hills reached a qualification level of Certificate.
Most of the population in Ormeau Hills reached a qualification level of Certificate.
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