132 Barrenjoey Dr, Ormeau Hills is a 4 bedroom, 2 bathroom House with 10 parking spaces and was built in 1990. The property has a land size of 34910m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Live in or rent out for $900 to $1000 per week. With the changes to the Gold Coast urban footprint and obviously subject to council approval this 3.5 hectare property is just waiting for an investor to see its potential for future subdivision. The property could do with some TLC but with its position situated minutes from the M1, schools, rail and shops and currently backing onto a residential subdivision the vision is there for the astute buyer.
The original ranch style home sits high on the hill facing due East. Formal dining and living areas feature an open fireplace. The kitchen is newly renovated and the family area with built in bar look out over a generous undercover entertaining area and out to the inground pool. The air conditioned master bedroom has a WIR and ensuite then there are two other air conditioned bedrooms and a separate two way family bathroom.
Apart from the main home there is a fully airconditioned separate two bedroom Granny flat plus also an air conditioned operational home office which allows for a business to be run from the property.
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.
Ormeau Hills has 1,841 properties. Over the last 5 years, Houses in Ormeau Hills have seen a 80.99% increase in median value, while Units have seen a -38.71% decrease. As at 31 October 2024:
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