47 Ellenborough Ave, Ormeau Hills is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 511m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
The owner of this property wants all offers presented. The tenants have moved out making this home available immediately or a tenant can be organised and in place before settlement.
Situated at the top of a small rise in Ormeau Ridge, this 3.5 year young home catches the breeze as it flows through the estate. Comprising of 4 bedrooms and 2 living areas, this home is sure to meet buyer requirements. Sitting on a 511m2 block, catching the views overlooking the estate and in perfect position to the hilltop park, this home presents the opportunity to own a great home in a fantastic location. In addition, you will have access to an extra backyard that s a 92m2 easement extra making the total land included 603m2, which is not easy to find in this estate. I dare you to find better value in this price range.
For the savvy investor, if you compare homes available in the area you can see this represents value for money and with a rental appraisal of $440 - $460pw it provides the perfect addition to the portfolio.
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 1,840 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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