171/26 Goldmine Road, Ormeau QLD 4208
171/26 Goldmine Road, Ormeau QLD 4208
354m² land parcel | flood overlay flagged | Goldmine Road corridor | public school catchment | gross yield around 4.2%
This is a genuine land parcel on Goldmine Road, not a resort unit, and that distinction matters. Its main strength is the uncommon combination of a compact 354m² holding in an established residential corridor with a recent sale at $930,000 and a rental estimate near $755 per week. That positions the property well for an investor or a buyer prepared to build, because the value sits in the land rather than in an existing dwelling. Ormeau’s mixed character means this is not competing with family houses on larger blocks; it is a lower-maintenance entry point with a solid public school catchment and reasonable access toward both Brisbane and the Gold Coast.
The flood overlay may affect insurance costs and buyer confidence, which could temper price growth compared with clean parcels. Conversely, the compact size and residential zoning might support a modest new dwelling or a small-scale project, and the corridor’s rental demand may provide income while development plans are finalised. Because there is no building, the eventual construction cost and any site preparation will be the main factors influencing overall value. Buyers should weigh those costs against the land price before committing.
>> Comparable Sales: 54/26 Goldmine Road sold at $400,000 as a resort unit; 171 Goldmine Road recently sold at $930,000 | Property Price Band: $900K–$1M | Value Drivers: flood overlay, land size, corridor location
Detailed Independent Property Report prepared by PropCred Analyst team for 171/26 Goldmine Road, Ormeau QLD 4208
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
This suburb holds a firmly established family and professional profile, anchored by reliable access to the M1 corridor, schools, and retail nodes. Buyer demand centres on well-configured four-bedroom homes with practical additions such as home offices or side access, drawing owner-occupiers, interstate relocators, and investors chasing secure rental returns. Price growth has been consistent and robust across recent reporting, with homes clearing quickly and vacancy remaining exceptionally tight, underscoring a supply-constrained market. Ongoing infrastructure investment and relative affordability beside higher-priced Gold Coast neighbours should maintain momentum, though emerging affordability pressures and more selective negotiating point to a market where quality will outperform. Listings remain thin, so pricing discipline will matter.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
16.51 ha
URL has been copied successfully!