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