32/164-172 Wellington Street, Ormiston, QLD 4160 | Property Value & History | OnTheHouse
OFF MARKET

32/164-172 Wellington Street
Ormiston QLD 4160

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 32/164-172 Wellington St, Ormiston

32/164-172 Wellington St, Ormiston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1990.

Building Type
Townhouse
Year Built
1990
Local Government
Redland
Lot/Plan
32/GTP2440

Last Listing description (November 2023)

The Beautiful Unit with Low Maintenance

Exciting opportunity to secure this neat-as-a-pin unit in the ultimate location, with easy access to the water's edge, local parks, the boat ramp, and Raby Bay Harbour. This renovated townhome equally suits retirees, first-home buyers, and investors. The property is situated in the popular Ormiston by the Bay complex with a gorgeous pool and communal BBQ areas.

This dual-level home features:

- Large open-plan living area

- Air-conditioning
- Gourmet kitchen with stainless steel appliances and breakfast bar
- 2 great-sized bedrooms with ensuites
- Fantastic kitchen with brand new benchtop and breakfast bar
- Single lock-up garage
- Private courtyard ideal for entertaining family & friends
- Experienced on-site management
- Plenty of visitor car parks on the premises

Body Corporate - $930 per quarter approx.
Rates - $460 per quarter approx
Rental income- around $500 per week

Please contact the agents Scott and Flora for any inquiries and inspections.

Priced to sell immediately this home is a great value buy in today's market and given the strong location would make an ideal rental investment or family home to live in. Call us today for a time to view or attend the next open home.

Disclaimer:

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 and interested parties must solely rely on their own inquiries.

Property History for 32/164-172 Wellington St, Ormiston, QLD 4160

A timeline of how this property has performed in the market
  • 26 Nov 2023
    Sold - Price Undisclosed
  • 15 Oct 2023
    Listed for Sale Not Disclosed
  • 08 Jun 2023
    Listed for Rent $385 Two ensuit
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About Ormiston 4160

The size of Ormiston is approximately 5.0 square kilometres. It has 30 parks covering nearly 23.0% of total area. The population of Ormiston in 2016 was 5793 people. By 2021 the population was 6379 showing a population growth of 10.1% in the area during that time. The predominant age group in Ormiston is 50-59 years. Households in Ormiston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormiston work in a professional occupation.In 2021, 74.90% of the homes in Ormiston were owner-occupied compared with 76.20% in 2016.

Ormiston has 3,135 properties. Over the last 5 years, Houses in Ormiston have seen a 80.06% increase in median value, while Units have seen a 111.35% increase. As at 30 April 2026:

  • The median value for Houses in Ormiston is $1,499,820 while the median value for Units is $866,019.
  • Houses have a median rent of $820 while Units have a median rent of $610.
There are currently 25 properties listed for sale, and 7 properties listed for rent in Ormiston on OnTheHouse. According to Cotality's data, 136 properties were sold in the past 12 months in Ormiston.

Suburb Insights for Ormiston 4160

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.