94 River Run Circuit, Ormeau Hills QLD 4208

94 River Run Circuit, Ormeau Hills QLD 4208
4 bed house | 460mยฒ lot | flood overlay detected | Ormeau Hills estate The propertyโ€™s positioning is its primary strengthโ€”a four-bedroom house on a compact but manageable 460mยฒ lot in a family-oriented estate with strong owner-occupier character. The 37% site coverage suggests usable yard space without excessive maintenance, and the NBN Fibre to the Premises adds practical appeal for remote workers. This suits buyers wanting a turnkey home in a catchment for Ormeau State School and Ormeau Woods High, with walking access to parklands. The short market time of four days indicates initial pricing has attracted attention, though the spread between Domain and property.com.au estimates signals room for negotiation. The flood overlay is the notable risk, potentially affecting insurance premiums and future resale appeal to cautious buyers; it should be verified for actual inundation history. The 2015 purchase date means the seller may hold significant equity, giving them flexibility on price but no urgency. With nearby comparables at higher price points, this listing sits at a relative discount, which may reflect the overlay or condition. Hold as a long-term family home, given the suburbโ€™s demographic stability and limited supply in the street.

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

460mยฒ

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