Date Prepared: 13th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).

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Overview

Ormiston is a picturesque coastal suburb situated 25 km southeast of Brisbane CBD in the Redland City region. Renowned for its historic charm, bay views, and family-friendly environment, Ormiston is a sought-after location for both residents and investors.

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Demographics

• Population: Approximately 6,500 (2021 Census, ABS).
• Median Age: 45 years, reflecting a mature, family-oriented community with retirees.
• Dwelling Type: Predominantly standalone houses, complemented by units and townhouses.
• Ownership: High owner-occupancy rates, showcasing long-term residential stability.

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Property Market (2024)

Houses

• Median Sale Price: $1,237,500 (+12.5% annual growth).
• Median Weekly Rent: $755.
• Rental Yield: 3.2%.
• Sales Volume: 90 recorded house sales over the past 12 months.

Units

• Median Sale Price: $645,000 (+5.6% annual growth).
• Median Weekly Rent: $700.
• Rental Yield: 5.6%.

Long-Term Trends (2006–2024)

• Ormiston’s housing market has demonstrated consistent growth, with house prices increasing from $445,000 in 2006 to $1,237,500 in 2024.

Recent Notable Sales

• 19A Beckwith Street: Sold for $2,200,000 (Oct 2024).
• 4 Romano Court: Sold for $1,820,000 (Sep 2024).
• 44 Tolson Terrace: Sold for $2,000,000 (Sep 2024).

Source: Pricefinder, Your Investment Property Magazine.

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Education

Ormiston is home to high-quality educational facilities:

• Primary Schools:
  • Ormiston State School.
  • Cleveland State School (nearby).
• Secondary Schools:
  • Cleveland District State High School (nearby).
• Private Schools:
  • Ormiston College (Prep to Year 12).

Source: Queensland Department of Education, Landchecker.

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Amenities and Lifestyle

Shopping

• Ormiston Village: Offers boutique shops, cafes, and essential services.
• Nearby Options: Capalaba Central and Cleveland Central Shopping Centres provide larger retail and entertainment hubs.

Parks and Recreation

• Ormiston House and Gardens: A historic landmark with beautifully maintained grounds.
• Raby Bay Foreshore: Perfect for water sports, picnics, and scenic walks.
• Edgar Harley Park: A local favourite for outdoor activities.

Source: Google, Walkscore.

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Transport and Accessibility

• Road Network:
  • Accessible via Shore Street and Finucane Road for travel to Brisbane and other Redlands suburbs.
• Public Transport:
  • Ormiston train station provides regular services to Brisbane CBD.
  • Local bus routes connect Ormiston to nearby suburbs.
• Walkability:
  • Moderate; local shops, parks, and schools are easily accessible on foot.

Source: TMR Queensland, Walkscore.

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Recent and Planned Developments

• Luxury Residential Projects: A focus on high-end waterfront properties has increased.
• Community Investments: Upgrades to local parks, pathways, and recreational facilities are underway through Redland City Council.

Source: Pricefinder, Your Investment Property Magazine.

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Community and Employment

• Employment Sectors:
  • Retail, healthcare, education, and professional services are the dominant industries.
• Community Activities:
  • Regular cultural events, farmers’ markets, and outdoor recreation opportunities contribute to the vibrant local atmosphere.

Source: ABS, Your Investment Property Magazine.

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Key Statistics at a Glance

Metric	Value
Population	~6,500 (2021 Census).
Median House Price (2024)	$1,237,500.
Median Rent (Houses)	$755/week.
Rental Yield (Houses)	3.2%.
Median Unit Price (2024)	$645,000.
Median Rent (Units)	$700/week.
Rental Yield (Units)	5.6%.
Notable Parks	Ormiston House, Raby Bay Foreshore, Edgar Harley Park.
Transport Access	Ormiston Train Station, Shore Street, Finucane Road.

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Conclusion

Ormiston is a standout bayside suburb, offering a blend of historic charm, natural beauty, and modern conveniences. Its strong property market, excellent schools, and vibrant community make it a highly attractive location for families, professionals, and investors.