OFF MARKET

5/150 Pascoe Road
Ormeau QLD 4208

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
Land area: 221m2
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Property Details for 5/150 Pascoe Rd, Ormeau

5/150 Pascoe Rd, Ormeau is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 221m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Townhouse
Year Built
2012
Floor Size
148m2
Land Size
221m2
Local Government
Gold Coast City
Lot/Plan
5/SP203565

Last Listing description (February 2023)

This contemporary 3 bedroom townhouse is in a boutique complex of seven and is a stunning and spacious property for families or investors alike.
A well-maintained complex, this large, comfy townhouse doesn't scrimp on space, with an airy lounge and dining area, well-appointed kitchen with new ceramic hotplate and downstairs powder room.

Features include:-

* 3 Large carpeted bedrooms with built-in double robes
* Large master bedrooms has an ensuite, fitted shelving in WIR, and is air-conditioned with North facing balcony with sunshade
* Well-appointed main bathrooms plus powder room downstairs
* Kitchen with plenty of cupboards, pantry and work surfaces, ceramic cook top plus dishwasher
* Tiled living areas downstairs, carpet upstairs
* Split system air-conditioned in living area and main bedroom. Plus ceiling fans in bedrooms
* Separate laundry, new carpet and fresh paint
* Large double garage with auto door and internal entry
* Undercover outdoor area and private patio - grassed low maintenance backyard
For extra security, this complex is gated, with four guest carparks and large yard for the kids to play.

This property would be great to live in, but for investors, this could be a cash positive opportunity, with rent between $390- $410 per week. It has very low body corporate fees and is pet friendly.

Only a five-minute walk to the Norfolk Village Shopping Centre and within the catchment of the ever-popular Norfolk village state school, this townhouse surely is worth your serious consideration so make it a priority to meet Nicole at the next open home.

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Property History for 5/150 Pascoe Rd, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$343,000
12 Jul 2020
Listed for Rent
$385/w
07 Apr 2016
  • 02 Feb 2023
    Listed for Sale Sold
  • 12 Jul 2020
    Sold for $343,000
  • 22 Jan 2020
    Listed for Sale $349,000
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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 6,600 properties. Over the last 5 years, Houses in Ormeau have seen a 84.96% increase in median value, while Units have seen a 127.00% increase. As at 31 July 2024:

  • The median value for Houses in Ormeau is $902,820 while the median value for Units is $718,643.
  • Houses have a median rent of $680 while Units have a median rent of $380.
There are currently 44 properties listed for sale, and 28 properties listed for rent in Ormeau on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Ormeau.

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