Lot 1/2 Arthur Way, Ormeau is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1998. The property has a land size of 1027m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in May 1998.
A great opportunity to secure an immaculate 6 bedroom, 3 bathroom Duplex Pair has arrived!! No Body Corporate fees. Situated centrally to everything you need including shops, and the M1 motorway, you will find convenience at every turn! Boasting great size bedrooms as well as large main living areas and adjoining dining, these homes offers the perfect combination of space and comfort. The well-appointed kitchens come complete with electric cooking, tiled splashbacks and plenty of storage space. To add to the value, the lucky new owners will be able to enjoy the alfresco areas, ideal for entertaining.
Positive yield on investment with Rental returns Approx. $750.00 P/w
Featuring:
The size of Ormeau is approximately 16.4 square kilometres. There are 33 parks, covering nearly 12.2% of the total area. The population of Ormeau in 2016 was 14460 people. By 2021 the population was 15938 showing a population growth of 10.2% in the area during that time. The predominant age group in Ormeau is 10-19 years. Households in Ormeau are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormeau work in a trades occupation.In 2021, 68.00% of the homes in Ormeau were owner-occupied compared with 63.60% in 2016.
Ormeau has 6,800 properties. Over the last 5 years, Houses in Ormeau have seen a 75.29% increase in median value, while Units have seen a 105.21% increase. As at 31 August 2026:
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