116 Ormeau Ridge Road, Ormeau Hills QLD 4208
0 beds
0 baths
0 cars
Spachus Insights
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Price position
Below suburb median
30.4% below the current suburb median listing price.
Buyer negotiation signal
Buyer negotiation
The suburb median sold price is $39,000 below the median listing price.
Selling pace
Slower than typical
21 days typical · Property listed 150 days (614% longer).
Property details
DA Approved for Duplex Development in Prestigious Ormeau Hills
MORGAN OLIVER AND THE JMO TEAM PROUDLY PRESENT: 116 Ormeau Ridge Road, Ormeau Hills an exceptional opportunity to secure a premium 856m² parcel of land with DA Approval for a duplex in one of the northern Gold Coast''s most sought-after and rapidly growing locations. Positioned in an elevated and well-connected pocket, this rare offering presents outstanding potential for developers, investors, or buyers looking to capitalise on a high-demand area.
0Bedrooms
0Bathrooms
0Car spaces
LandProperty type
856 m²Land
Ormeau Hills market
Full suburb reportMedian listing$1,149,000
Median sold$1,110,000
Typical selling time21 days
Tracked sold properties26
Property Overview
116 Ormeau Ridge Road, Ormeau Hills QLD 4208 is recorded as land. It is currently listed at $800,000. It has been on the market for 150 days. In Ormeau Hills, the median listing price is $1,149,000 and the median sold price is $1,110,000. Its current asking price is $349,000 (30.4%) below the Ormeau Hills median listing price. Properties in Ormeau Hills typically sell in around 21 days based on Spachus tracked sales data. It has currently been on the market 129 days longer than the Ormeau Hills typical selling time.
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