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Ormiston at a glance

Ormiston is a suburb located in the Redland City local government area of Redland City, Queensland. Ormiston has a population of 5641 residents, with an average income of $871. The median price for houses is $627,282 and the median price for units is $348,549. House prices in Ormiston have grown by 10.10% in the past 3 years and -0.04% last year. Unit prices in Ormiston have grown by 9.60% in the past 3 years. The average house in Ormiston is rented for $550 per week and returns a rental return of 4.88%. The median weekly rental price on units is $445 and the rental return is 6.46%. Houses in Ormiston take an average of 77 days before selling and the average time for a unit to sell is 74 days. There were 86 houses sold last year and 25 units sold last year in Ormiston