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Sold on 29 Jul 2024 - Price Unavailable

5/164-172 Wellington Street
Ormiston QLD 4160

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 130m2
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Property Details for 5/164-172 Wellington St, Ormiston

5/164-172 Wellington St, Ormiston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 130m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Ormiston in the last 12 months.

Building Type
Townhouse
Floor Size
101m2
Land Size
130m2
Local Government
Redland
Lot/Plan
5/GTP2440

Last Listing description (July 2024)

THIS WELL PRESENTED TOWNHOME IS LOCATED IN A BOUTIQUE BLOCK OF 5 WITHIN THE SECURE GATED COMPLEX - A PRIVATE EAST FACING ENTERTAINING AREA WITH LOADS OF NATURAL LIGHT TO ENJOY...

* Spacious lounge & dining area

* Open plan hostess style kitchen
* 2 generous master bedrooms both with ensuites
* Single garage plus separate pedestrian access
* Additional powder room on ground level
* Excellent tenant in place $470pw lease expiring 14/10/24
* 2 separate pools inside complex plus BBQ facilities
* Secure gated entry for additional security and privacy

CONVENIENTLY LOCATED WALKING DISTANCE TO LOCAL SCHOOLS, SHOPS, TRAINS/BUSES AND THE STUNNING ORMISTON WATERFRONT AND PARKLANDS.
OUTSTANDING VALUE FOR MONEY IS TODAY'S FAST PACED MARKET!!

Additional Property Information:
- Currently tenanted
- New rental appraisal $520pw
- Rates approx. $900 per qtr including water
- Body corp fees approx. $73pw
- Built 1990

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Property History for 5/164-172 Wellington St, Ormiston, QLD 4160

A timeline of how this property has performed in the market
Last Sold
29 Jul 2024
Listed for Rent
$355/w
28 Apr 2017
  • 29 Jul 2024
    Sold for $586,000
  • 11 Jul 2024
    Listed for Sale Under Contract
  • 27 Apr 2017
    Listed for Rent $355 / week
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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 3,055 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 38 properties listed for sale, and 5 properties listed for rent in Ormiston on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Ormiston.

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