OFF MARKET

8 Wattle Court
Ormeau QLD 4208

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 392m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 15 Jul 2024
Low

High
Save

Property Details for 8 Wattle Ct, Ormeau

Building Type
Land
Year Built
2020
Floor Size
91m2
Land Size
392m2
Local Government
Gold Coast City
Lot/Plan
48/SP309782

Last Listing description (August 2020)

Now is good time to buy here in Ormeau - this area is growing rapidly being forced to grow by the demand for Gold Coast Lifestyle and the facilities in nearby Pimpama and Coomera. This is one of SEQld key growth locations.
.
Ormeau has many attractive features:

Located just 45 km south of Brisbane CBD and 34 kms from the centre of the fabulous Gold Coast
64.4% families
73.6% owner occupiers
16 parks in the area nearby to the estate
Griffith University, Gold Coast Hospital, numerous shopping centres, including Coles, drakes and Woolworths, Ormeau train Station, regular public bus services, Gold Coast Airport just 36 mins drive and the M1 Motorway just 2 mins from the Elevate estate
Closeby to all amenities: Child Care - just 4 mins, Schools - just 5 mins, Norfolk Village Shopping Centre - just a short drive, Woolworths - just 1.7km, and numerous schools just nearby
This family focussed area prides itself on its range of parklands for families, a sports field and a variety of different options to suit all budgets.

This Opportunity:
NEW BUILD - FAMILY HOME - Lot 48 WATTLE COURT , Ormeau - SIZE 392m2 Land Price: $258,000 REGISTERED
House total of 4 beds, 2 baths, 2 cars - total size 210.44m2 Build Cost: $260,000
Rental estimate: $450 to $480 per week rental
Very attractive family focussed lifestyle suburb -
Inclusions: please request complete list:
PLEASE note the full inclusions list provided

To Purchase:
Expression of Interest with initial holding deposit of $1000.
21 days for finance approval
Then pay 10% deposit on land and 5% deposit to builder
Land settlement 14 days from finance approval
Build time total of 14 - 18 weeks (weather dependant)

Please request further information if interested.

FOR SALE: FROM $518,000

KAYE TILLEY 0418 823 046

Property History for 8 Wattle Ct, Ormeau, QLD 4208

A timeline of how this property has performed in the market
Last Sold
$258,000
19 Jun 2020
  • 19 Jun 2020
    Sold for $258,000
  • 14 Jun 2020
    Listed for Sale $518,000

Commute Calculator

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 6,616 properties. Over the last 5 years, Houses in Ormeau have seen a 85.13% increase in median value, while Units have seen a 115.34% increase. As at 31 October 2024:

  • The median value for Houses in Ormeau is $914,477 while the median value for Units is $739,038.
  • Houses have a median rent of $700 while Units have a median rent of $615.
There are currently 47 properties listed for sale, and 20 properties listed for rent in Ormeau on OnTheHouse. According to CoreLogic's data, 327 properties were sold in the past 12 months in Ormeau.

Suburb Insights for Ormeau 4208

Market Insights
Ormeau Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ormeau Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.