OFF MARKET

39/164-172 Wellington Street
Ormiston QLD 4160

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 120m2
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Property Details for 39/164-172 Wellington St, Ormiston

Building Type
Commercial
Year Built
1992
Floor Size
96m2
Land Size
120m2
Local Government
Redland
Lot/Plan
39/GTP2440

Last Listing description (April 2022)

Why you’ll love it:
It is a short walk to the sheltered waters of Cleveland Marina and close to all the conveniences of modern life. This spacious townhouse ripe for a fashionable transformation is set in ‘Ormiston Manor’ a gated community boasting two oasis style swimming pools.

Key features:
- Fantastic opportunity for first home buyer or investor
- Tranquil paradise with a reserve and lake backdrop
- Open-plan layout enjoys front and rear courtyards
- Bright and breezy kitchen opens to an alfresco area
- Timber floors in living areas plus air conditioning
- Ormiston State School is a short eight-minute walk
- Just a short three-minute drive to Ormiston College
- Only an eight-minute walk to Ormiston train station
- Close to children’s playgrounds and the beach
- It is 30 minutes to Brisbane CBD via train, bus or car

Best suited for:
First home buyers seeking a project or investors looking for a property with investment potential.

Property History for 39/164-172 Wellington St, Ormiston, QLD 4160

A timeline of how this property has performed in the market
Last Sold
$353,000
16 Feb 2022
Listed for Rent
$355/w
08 Nov 2018
  • 16 Feb 2022
    Sold for $353,000
  • 26 Nov 2021
    Listed for Sale Sold
  • 17 Oct 2018
    Listed for Rent - Price not available
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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 3,054 properties. Over the last 5 years, Houses in Ormiston have seen a 77.87% increase in median value, while Units have seen a 77.36% increase. As at 30 September 2024:

  • The median value for Houses in Ormiston is $1,209,472 while the median value for Units is $675,904.
  • Houses have a median rent of $750 while Units have a median rent of $525.
There are currently 36 properties listed for sale, and 6 properties listed for rent in Ormiston on OnTheHouse. According to CoreLogic's data, 141 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.