39 Terania Avenue Ormeau Hills QLD 4208

39 Terania Avenue Ormeau Hills QLD 4208
| 334mยฒ in Ormeau Hills | 168mยฒ house, 50% site coverage | 4.38kW solar + solar hot water | flood overlay present | 85% owner-occupied street | This property positions a buyer with a rare configuration advantage: a 168mยฒ house on a 334mยฒ lot at 50% site coverage, offering generous internal space on a compact block that minimises garden maintenance. The 4.38kW solar system paired with solar hot water and zoned ducted air-conditioning delivers materially lower ongoing utility costs, a genuine edge in the current market. The streetโ€™s 85% owner-occupancy signals stable neighbourhood character, and the property best suits a family seeking energy efficiency and indoor-outdoor living within the Ormeau Hills school catchment, where median days on market are 19 days, indicating consistent demand. The flood overlay is the primary risk, and it will constrain resale buyer pool and may affect insurance premiums; a buyer should verify the overlayโ€™s severity and whether it has ever activated. The 2014 purchase price of $190,450 is irrelevant for current valuation, but the absence of recent sales on this specific lot means the buyer relies on suburb median data rather than street-level comparables. The rental estimate of $815 per week provides a credible holding cost offset, but the propertyโ€™s strongest use is as a primary residence where the energy features and layout deliver daily savings. Hold for at least five years to amortise transaction costs and capture the suburbโ€™s steady owner-occupier demand.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Ormeau Hills is a high-growth corridor suburb positioned between Brisbane and the Gold Coast, attracting young professional families. Demand is driven by this demographic, with strong annual house price growth between 7.8% and 10.3%, supported by high sales volume and a rapid 20-day median time on market. Future growth is linked to its strategic location and accessibility, though a high rate of mortgage ownership indicates potential sensitivity to interest rate changes.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

334mยฒ

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