74 Francis Street, Ormiston QLD 4160

74 Francis Street, Ormiston QLD 4160
4 bed family house | school catchment zone | compact 438mยฒ lot | $850/week rent estimate This property is configured as a standard four-bedroom family house on a moderate suburban lot, which positions it well for buyers seeking detached housing in a school catchment area. The 246mยฒ building size provides generous internal space for a family, while the two-car garage and NBN FTTP connection add practical appeal. As a residential house in Ormiston, it serves family buyers most effectively, particularly those prioritising school access with Ormiston State School and Cleveland District State High School nearby. The compact 438mยฒ land size may limit future subdivision potential or outdoor space compared to larger legacy lots in the area, which could affect long-term value growth. The estimated rental yield near 3.5% might not attract investors seeking higher returns, but the $850/week rent suggests steady demand from family tenants. Buyers should weigh the absence of detected overlays as a neutral factor, while recognising that the house’s age and finishes remain unverified and could influence negotiation points.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 74 Francis Street, Ormiston QLD 4160
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Market Insight:

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.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

438mยฒ

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