FOR SALE
EOI Closing 16 Oct 2024 4pm (AEST)

188 & 190 Eggersdorf Road
Ormeau QLD 4208

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8ha
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52 Lot Subdivision Site | Ormeau - Gold Coast

• Land area: 8.33Ha*
• DA conditions issued for 52 lot residential lots
• Lots ranging in size between 263m²* to 690m²* (average 403m²*)
• Zoned Emerging Community
• One of the few remaining land subdivision sites on the northern Gold Coast
• Capitalise on the critical land supply pressure and strong price growth in the Gold Coast house and land market
• In close proximity to a range of schools, early learning, Coles Ormeau Village, Woolworths Ormeau and the Ormeau Train Station
• Central to major social infrastructure including the proposed $50million Ormeau Community Hub at 150 Eggersdorf Rd, the recently completed Pimpama Sports Hub, Westfield Coomera Shopping Centre and the planned $1.3billion Coomera Hospital
• Easy access to the M1 Motorway providing direct connectivity to the Brisbane CBD, central and southern Gold Coast
• Detailed dataroom available
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Property Details for 188 & 190 Eggersdorf Rd, Ormeau

Building Type
Commercial
Land Size
8ha

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About Ormeau 4208

The size of Ormeau is approximately 16.4 square kilometres. It has 33 parks covering nearly 12.2% of total area. The population of Ormeau in 2011 was 12,438 people. By 2016 the population was 14,466 showing a population growth of 16.3% in the area during that time. The predominant age group in Ormeau is 0-9 years. Households in Ormeau are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormeau work in a trades occupation. In 2011, 63.2% of the homes in Ormeau were owner-occupied compared with 63.6% in 2016.

Ormeau has 6,608 properties. Over the last 5 years, Houses in Ormeau have seen a 84.98% increase in median value, while Units have seen a 110.34% increase. As at 31 August 2024:

  • The median value for Houses in Ormeau is $908,193 while the median value for Units is $725,625.
  • Houses have a median rent of $690 while Units have a median rent of $380.
There are currently 48 properties listed for sale, and 19 properties listed for rent in Ormeau on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Ormeau.

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