Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

21 Paddy Circuit, Ormeau QLD 4208

$900,000

Search Band Search Visibility Band

$900k - $945k Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 2 Baths 2 Cars 360 m² 169 m²

Listed: 3 days ago

Updated: yesterday

Overview

21 Paddy Circuit in Ormeau offers a well-designed family home featuring 169 square metres of practical living space on a manageable 360 square metre allotment. This residence blends versatility with comfort, making it suitable for first home buyers and investors seeking a property with strong rental prospects.

The heart of the home is a spacious open-plan living and dining area that flows seamlessly into the kitchen, fostering an inviting atmosphere for both daily living and entertaining. The kitchen's central position allows for easy interaction with guests and family during meal preparation.

Four generously sized carpeted bedrooms, each equipped with ceiling fans, provide comfort for the whole household. The master bedroom stands out as a private retreat featuring a walk-in wardrobe, ensuite, and air-conditioning to maintain year-round comfort.

An additional versatile fifth bedroom or study adds functional flexibility, ideal for a home office, guest accommodation, or other uses. This room, along with the main living area and master bedroom, benefits from air-conditioning, enhancing the overall comfort of the home.

The main bathroom is conveniently located to serve guests and the additional bedrooms with ease, underscoring the practical layout of the home tailored for family life.

The property is currently tenanted until 13 May 2027, generating $700 per week in rental income, presenting an attractive investment opportunity with established returns. The manageable size of the allotment balances indoor living space with low-maintenance outdoor areas, appealing to those seeking to minimize upkeep.

This home’s thoughtful design and location provide access to multiple schools including primary, secondary, and special needs institutions, alongside nearby shopping and transport options, supporting a convenient lifestyle.

360m² low-maintenance allotment
169m² house size offering practical living
Four main bedrooms plus an additional fifth room/study
Master suite with walk-in robe, private ensuite and air-conditioning
Open-plan kitchen, dining, and living areas conducive for family time and entertaining
Air-conditioning in key living zones for all-season comfort
Currently leased with secure rental income until mid-2027
Well-served by nearby educational institutions and shopper amenities

Local Market Insights

In Ormeau, Quiet Listings observed 49 new houses entering the market over the last 30 days, up from 44 during the previous 30-day period, with an average advertised asking price of $1,453,000. The property type mix of listed properties is predominantly Houses at 88%, followed by land (5%), and townhouses (5%). The most active agency for houses in the Ormeau area is currently Ray White, representing 20% of new listings, followed by JMO Property Group PTY LTD with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.