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Sold on 12 Oct 2023 - Price Unavailable

7/124-132 Wellington Street
Ormiston QLD 4160

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 204m2
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Property Details for 7/124-132 Wellington St, Ormiston

7/124-132 Wellington St, Ormiston is a 2 bedroom, 1 bathroom Villa with 1 parking spaces. The property has a land size of 204m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Villa sold in Ormiston in the last 12 months.

Building Type
Villa
Land Size
204m2
Local Government
Redland
Lot/Plan
7/GTP2283

Last Listing description (October 2023)

Excellent investment with fantastic tenants in place with long term lease.

An immaculate villa in a popular Ormiston neighbourhood with direct gate access to the local shopping village.

* Open Plan Living and Dining
* Two Built-in Bedrooms
* Neat Kitchen Overlooking the patio and gardens.
* One Bathroom Plus Separate Toilet
* Separate Laundry
* Courtyards at Front and Rear
* Converted garage into an additional living area
* Fully Fenced with Side Gate
* Low Body corp fees
* Rental return $21,320 per annum

You'll find all amenities just a stones throw away. It's a quick 6-minute drive to both the Cleveland Central shopping centre and Raby Bay Harbour for dining options. Commuters will appreciate the proximity to the train station (550m), and weekend adventures are made easy with a short stroll to the waters edge.

Call Bruce or Joe for a walk through video.

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Note: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Property History for 7/124-132 Wellington St, Ormiston, QLD 4160

A timeline of how this property has performed in the market
Last Sold
12 Oct 2023
Listed for Rent
$400/w
25 Jul 2022
  • 12 Oct 2023
    Sold for $485,000
  • 07 Sep 2023
    Listed for Sale Offers Over $479,000
  • 19 Jul 2022
    Listed for Rent $400 / 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 3,078 properties. Over the last 5 years, Houses in Ormiston have seen a 76.90% increase in median value, while Units have seen a 75.80% increase. As at 31 July 2024:

  • The median value for Houses in Ormiston is $1,191,106 while the median value for Units is $664,020.
  • Houses have a median rent of $730 while Units have a median rent of $540.
There are currently 22 properties listed for sale, and 2 properties listed for rent in Ormiston on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Ormiston.

Suburb Insights for Ormiston 4160

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Bruce Hutchison
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LJ Hooker Property Centre
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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.