A house in 683/SP188859 Ormeau QLD. Based on comparable properties, its value is $520,000. Constructed in 2007, it has 4 bedrooms, 2 bathrooms.
Large home, Great floor plan. Excellent buying. Positioned in the heart of popular Jacobs Ridge Estate, surrounded by quality properties, only 3 minutes to the M1 connecting Brisbane City, Ipswich City and the Gold Coast. This relatively new suburb is popular for families with a choice of quality schools within a short drive.South East Qlds forecast for growth figures include: Proven market cycles indicating that SE Qld will experience the next surge in Australian property prices. BIS Shrapnels Residential Property Prospects, report forecast price growth of 13% in the area over the coming few years Billions is being spent on infrastructure across the Gold Coast in the lead up to the Commonwealth Games in April 2018, which is expected to bring around 690,000 visitors to the city, promoting this beautiful region to the world. The Gold Coasts population is projected to grow by 133,800 people in the decade the largest population growth in Queensland. There will be property price growth, especially in the genuine residential suburbs, the Hotspotting report said. Much of this growth is expected to occur in suburbs along the northern corridor between Helensvale and Brisbane. Properties below $500,000 are in the highest of demand, with first home buyers taking advantage of stamp duty concessions up to this level. Potential rent return of $470 - $480 per week = 5.1% yield for the investor this property is virtually cash flow neutral at this price point with this rent return.Other features at a glance include:- 4 bedrooms + large theatre room (or 5th bedroom)- Manageable, fully fenced block, low maintenance garden- Open plan style living, dining area- 2 living areas plus a large theatre room 3 living spaces in total- Large laundry- Built in robes and walk in robe in master bedroom- Large ensuite- 35 minutes drive to Brisbane City- 45 minutes drive to Ipswich City- 25 minutes drive to the Gold Coast City- 15 minutes drive to DreamworldThe neighbourhood shops are close by and include a Local Supermarket, Bottle shop, Thai Restaurant and a hairdresser. Jacobs Ridge has plenty of parks some with free tennis courts, walking and bike tracks.Ormeau train station is located close by in Mirambeena Drive, a short drive.For your personal inspection call Julie today.