OFF MARKET

24/164-172 Wellington Street
Ormiston QLD 4160

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
Land area: 154m2
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Property Details for 24/164-172 Wellington St, Ormiston

24/164-172 Wellington St, Ormiston is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1993. The property has a land size of 154m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Townhouse
Year Built
1993
Floor Size
120m2
Land Size
154m2
Local Government
Redland
Lot/Plan
24/GTP2440

Last Listing description (November 2024)

This beautifully well maintained and spacious townhouse situated in a gated and secure complex with CCTV.
The complex is also located in a very convenient location within walking distance to the train station, shops, schools, and the bay.
8 minutes walking to Ormiston train station.

8 minutes walking to Ormiston state school this is Top 100 ranking all over the state.
5 minutes driving to Ormiston collage which is Top 20 ranking all over the state.
This is a perfect investment property under onsite manager management.
The weekly rent income will be $520 per week. The onsite manager Flora holds ?Zero Vacancy? record in the complex.

Through the back gate you have access to sprawling tranquil parklands with a natural creek making for a relaxing picnic spot on the weekends.

This renovated home features:
* Renovated kitchen
* One of the Stand-alone properties which only has two in the complex. Not attached to any other units.
* Samsung smart WIFI control air conditioners in the living room and master bedroom
* Cable foxtel and internet
* Downstairs powder room
* Easy maintain tile floor in living room, newish carpet in all bedrooms.
* Westinghouse oven, Ariston dishwasher, Fisher & Paykel Dryer
* 3 spacious bedrooms with built in robes, master room with ensuite and built in robe.
* Large front and rear court yards ideal for entertaining
*
Additional complex features:

* 2 large Oasis style pools for those hot summer days
* Large undercover Picnic area
* Manicured gardens
* Secure gated complex

Onsite manager Flora provide flexible inspection time. Please ring 0405361471(Listing ID: 21101852 )

Property History for 24/164-172 Wellington St, Ormiston, QLD 4160

A timeline of how this property has performed in the market
Last Sold
$534,000
20 Oct 2022
Listed for Rent
22 Dec 2020
  • 07 Jun 2023
    Listed for Sale Under contract $529,000+
  • 07 Dec 2022
    Listed for Sale Not Disclosed
  • 20 Oct 2022
    Sold for $534,000
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About Ormiston 4160

The size of Ormiston is approximately 5 square kilometres. It has 30 parks covering nearly 23% of total area. The population of Ormiston in 2011 was 5,641 people. By 2016 the population was 5,796 showing a population growth of 2.7% in the area during that time. The predominant age group in Ormiston is 50-59 years. Households in Ormiston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormiston work in a professional occupation. In 2011, 76.9% of the homes in Ormiston were owner-occupied compared with 76.2% in 2016.

Ormiston has 3,066 properties. Over the last 5 years, Houses in Ormiston have seen a 83.90% increase in median value, while Units have seen a 81.28% increase. As at 31 October 2024:

  • The median value for Houses in Ormiston is $1,235,161 while the median value for Units is $701,776.
  • Houses have a median rent of $750 while Units have a median rent of $545.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Ormiston on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Ormiston.

Suburb Insights for Ormiston 4160

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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.