114 Sturgeon Street, Ormiston QLD 4160
114 Sturgeon Street, Ormiston QLD 4160
4 bed 2023 build | 450sqm detached house | Ormiston family belt | Modern low-maintenance stock
This property sits in the newer, more efficient end of Ormiston’s housing profile, offering a four-bedroom detached house built only last year on a manageable 450sqm lot. The configuration is competitively strong for family buyers seeking contemporary finishes and reduced upkeep compared to older character homes on larger blocks. It serves owner-occupier families best, particularly those wanting a modern layout with two bathrooms and double parking without the premium attached to waterfront or blue-chip acreage. The build year places it in the near-new segment, which typically commands a price premium over older stock due to lower immediate maintenance and updated energy and comfort standards.
The land size is moderate for a detached house in this suburb, which may limit appeal for buyers seeking larger outdoor space or future subdivision potential. The prior sale at a significantly lower figure reflects a land or off-plan transaction before construction, so the current value is driven by completed build quality and market conditions rather than land appreciation alone. Buyers should weigh whether the 450sqm block aligns with their long-term needs, as newer infill lots in Ormiston tend to trade at a different value trajectory than traditional larger holdings. The lack of confirmed aspect or finish details means a physical inspection is essential to assess orientation and internal quality before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 114 Sturgeon Street, Ormiston QLD 4160
Checks found:
Value Risk
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1
Liquidity Risk
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Planning Risk
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Income Risk
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2
Execution Risk
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2
Insight: Ormiston QLD 4160
Ormiston presents as a tightly held, family-oriented suburb with a mature demographic profile, where high outright home ownership underpins market stability. Demand is driven by established families seeking long-term security, reflected in strong sales activity and houses consistently selling above asking price. Recent price growth has been solid, particularly for units, within a low-supply environment where properties transact swiftly. Future growth is supported by sustained buyer competition, though the premium pricing of detached homes presents an affordability constraint that may temper the pace of appreciation.